Public notice from NSB

The National Savings Bank (NSB) claims that it has observed a misinterpretation on their bank amongst the public of a news item currently circulating pertaining to Sri Lanka Savings Bank (SLSB). 
NSB wishes clarify that SLSB is a fully owned subsidiary of NSB, and that the recent developments involve the proposed acquisition of SLSB with NSB, pursuant to a regulatory directive by the Central Bank of Sri Lanka (CBSL). Further, the information in circulation regarding a Voluntary Retirement Scheme (VRS) and the termination of operations are solely related to the SLSB and not applicable to NSB, it claims. 
“We wish to emphasize that this decision does not have any impact on the stability of NSB. We expect that this clarification addresses any confusion and wish to assure the continued strength and integrity of National
Savings Bank.”