About National Savings Bank
National Savings Bank is a company based in Colombo (Sri Lanka) founded in 1972 was acquired by Eurobank in August 2005.. National Savings Bank offers products and services including Loans and Advances, Digital Banking, and Savings Accounts. National Savings Bank operates in a competitive market with competitors including Scotiabank, Sampath Bank, Nations Trust Bank, Seylan Bank and DFCC Bank, among others.
- Headquarter Colombo, Sri Lanka
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name National Savings Bank
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Products & Services of National Savings Bank
National Savings Bank offers a comprehensive portfolio of products and services, including Loans and Advances, Digital Banking, and Savings Accounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers various loan options for personal and business needs
Provides platforms for secure online transactions and account management
Facilitates secure savings with interest for individual customers
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Funding Insights of National Savings Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in National Savings Bank
National Savings Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Eurobank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Retail, corporate, and private banking services are provided in Greece.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by National Savings Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - National Savings Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
National Savings Bank Comparisons
Competitors of National Savings Bank
National Savings Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Sampath Bank, Nations Trust Bank, Seylan Bank and DFCC Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are offered in Sri Lanka.
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Commercial banking services are provided in Sri Lanka since 1999.
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Commercial banking services are provided to customers in Sri Lanka.
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Commercial Bank
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Commercial banking services are provided in Sri Lanka.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on National Savings Bank
Frequently Asked Questions about National Savings Bank
When was National Savings Bank founded?
National Savings Bank was founded in 1972.
Where is National Savings Bank located?
National Savings Bank is headquartered in Colombo, Sri Lanka. It is registered at Colombo, Western Province, Sri Lanka.
Who is the current CEO of National Savings Bank?
S D N Perera is the current CEO of National Savings Bank.
What does National Savings Bank do?
National Savings Bank was established in 1972 as a retail bank headquartered in Colombo, Sri Lanka. Operations focus on deposit mobilization, savings accounts, and loan facilities for personal and small-scale needs. Services include current accounts, fixed deposits, and basic financial products tailored to local customers. The institution is led by General Manager and CEO S D N Perera, serving the domestic market through its network in the country.
Who are the top competitors of National Savings Bank?
National Savings Bank's top competitors include Scotiabank, Seylan Bank and DFCC Bank.
What products or services does National Savings Bank offer?
National Savings Bank offers Loans and Advances, Digital Banking, and Savings Accounts.
Who are National Savings Bank's investors?
National Savings Bank has 1 investor. Key investors include Eurobank.
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