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NSB leading Sri Lanka’s savings culture with innovation
Daily FT
|November 03, 2025
Achieves prestigious International WSBI Award; 2025 Thrift Day global theme "This Is Not a Savings Account
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NSB General Manager/CEO Shashi Kandambi with WSBI SDG Award
THE National Savings Bank, Sri Lanka's premier savings institution and the country's sole representative of the World Savings and Retail Banking Institute (WSBI), last week joined the global celebration of World Savings Day 2025 on 31 October, reaffirming its founding purpose, to inspire the nation to save and build a financially secure future.
The origins of this significant and globally observed day dates to 31 October 1924, when the founders of WSBI declared the first "World Thrift Day," advocating savings as a pathway to financial security, independence and national progress. A century later, this mission continues with renewed strength and transformative energy. This year's global theme, "This Is Not a Savings Account" marks a bold shift in perspective. Rather than viewing savings as a passive act of depositing money, the campaign redefines savings as a powerful and active investment in the future. Every savings account represents a life goal, education, a home, a new business, a retirement spent with dignity, and ultimately, the confidence to move toward a better tomorrow. Savings are not static; they are an ongoing investment in life's aspirations. In recent months, NSB has scaled the heights of global recognition by receiving the prestigious WSBI SDG Award, celebrating the Bank's exceptional contributions towards climate finance, consumer protection, digital transformation and technological innovation.
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