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NSB among top 10 ‘Women Friendly Workplaces’ in Sri Lanka

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Chairperson of NSB- Mrs. Keasila Jayawardena and GM/ CEO- Ajith Peiris receive the award.

Women constitute 55% of NSB workforce

They contributed tremendously to achieve Bank’s highest-ever PBT and PAT in 2020

Awards audited by Ernst & Young to ensure a fair and accurate result

The first-ever Women Friendly Workplace Awards (WFWP Awards) 2021 jointly pioneered by Satynmag.com, and CIMA Sri Lanka was held on recently at the Atrium Lobby of the Cinnamon Grand.

Ms. Sarah Twigg, Programme Manager – Women in Work – Sri Lanka at IFC was the Chief Guest while the Guest of Honour was Ms Farzana Jameel PC, Senior Additional Solicitor General of the Attorney General’s Department.

With the view of identifying the organisations that encourage gender equality, 10 organisations were awarded as Women Friendly Workplaces including that of the National Savings Bank (NSB). The awards were judged by a distinguished panel of judges and audited by Ernst & Young to ensure a fair and accurate result.

NSB, being one of the leading banks in Sri Lanka, always believes that banks have a substantial role to play in empowering women in all aspects. NSB encourages and empowers women in the Bank by providing enormous opportunities to provide a better service to the nation while being successful in the role that they play at the home front as well. Moreover, NSB encourages women in the society by supporting them to inculcate the habit of savings and thereby encourage them to be financially independent and shoulder the multiple responsibilities entrusted to her as a woman with confidence.

Despite the heightened uncertainty due to the impact of COVID-19, the performance of the Bank over the years was characterized by strength and resilience with the leadership of the Chairperson Mrs. Keasila Jayawardena. The workforce, with a 55% of female contribution, supported to achieve the highest ever Profit Before Tax and Profit After Tax in 2020. Moreover, the NSB empowers young female employees to drive the Bank towards its success, provided that the 63% of the workforce between 18 and 35 years of age is female employees.

With the recognition at Women Friendly Workplace, the NSB continues to maintain the gender equality in the workplace and encourages women in all aspects to be financially independent to fulfil their dreams. Further, the NSB reiterates its commitment to SDG 05, which covers gender equality and opportunity.

The award was received by the Chairperson of NSB- Mrs. Keasila Jayawardena, GM/ CEO-Ajith Peiris Senior Deputy General Manager- K. Raveendran and Deputy General Managers- Ms. Christine Jesudian, Lal Karunatilaka and Ms. Anusha Fernando.



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Passport Office collaborates with banks to boost international monetary transfers from migrants

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Central Bank Governor, Ajith Nivard Cabraal hands over a new account to a young migrant worker which he opened at the new HNB counter at the Passport Office yesterday, where Jonathan Alles, Managing Director/Chief Executive Officer of HNB was present. Pic by Thushara Athapaththu

by Sanath Nanayakkare

People’s Bank, National Savings Bank , Sampath Bank, Hatton National Bank and Commercial Bank of Sri Lanka yesterday established new banking counters at the Department of Immigration and Emigration, at ‘Suhurupaya’, Battaramulla.

The initiative is intended support the Central Bank’s ongoing effort to boost the country’s foreign reserves by offering migrant workers access for safe, official remittance channels from the time they obtain new passports or renew their passports for international jobs.

Ajith Nivard Cabraal, Governor of the Central Bank of Sri Lanka who was the chief guest of the opening ceremony said,” A lot of Sri Lankans go overseas for jobs and send their hard-earned money to Sri Lanka. Sometimes they face various issues when remitting money. So we thought we should provide the opportunity for them to open an account as they obtain their passports at the passport office which they can operate with greater ease and trust when sending money to their families from abroad. The Controller of Immigration and Emigration, his staff, the officials at the Central Bank and at other relevant banks worked in unison to establish their counters here just within a week. This shows that government institutions can collaborate with the private sector and quickly accomplish any task for the benefit of the country and its people. Our hard-working migrant workforce will enjoy the convenience and reliability of this service. As a result of it, more foreign money will flow into the country and the nation will reap benefits from it,” he said.

Workers’ remittances have been a key pillar of Sri Lanka’s foreign currency earnings that has nearly 100 per cent of domestic value addition, providing a substantial cushion for external sector resilience of the country. Workers’ remittances have covered around 80 per cent of the annual trade deficit over the past two decades, and strengthening remittances inflows to the country brings several socio-economic benefits including the smooth supply of forex inflows to the formal banking system.

The Central Bank of Sri Lanka established a new department named ‘Foreign Remittances Facilitation Department’ with effect from November 3, 2021 to facilitate and streamline workers’ remittances inflows to the country.

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SLT-MOBITEL powered SLIOT Challenge 2020 and IESL RoboGames 2020 fostering innovation

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SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider was the proud sponsor of SLIoT Challenge 2020 and IESL RoboGames 2020, championing innovation in Internet of Things (IoT) and robotics to reward and further develop a pipeline of tech talent and critical skills among Sri Lanka’s youth. The winners of the competitions were honoured at a special ceremony held recently.

SLIoT Challenge 2020 and IESL RoboGames 2020 was a collaborative effort between SLT-MOBITEL, the Department of Computer Science & Engineering of the University of Moratuwa and the IT and Computer Engineering Sectional Committee of Institution of Engineers of Sri Lanka (IESL). Recognising the value of promoting digital inclusion among youth and to develop new generation technology concepts, SLT-MOBITEL sponsored the event for the fourth consecutive year. Both competitions encourage technological innovation among youth which in turn provides avenues for SLT-MOBITEL to capitalize on its futuristic thinking towards a connected future.

The SLIoT Challenge 2020 theme centred around the current pandemic ‘Overcoming COVID-19 with IoT’ and over 77 submissions were received. SLT-MOBITEL comprehends that IoT is being widely embraced with the number of connected devices growing rapidly. SLT-MOBITEL recognizes that driving an IoT competition for Sri Lankan youth allows students to unleash their potential in the IoT domain and acts as a gateway to support the country’s evolution towards digital transformation.

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Akshata launches unique new tea blends

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Akshata brand, a pioneer in promoting health and wellness the traditional way presents herbal tea alongside honey/jaggery as an alternative to sugar, redefining tea consumption.

Akshata ‘Ranawara’ herbal tea which promotes clear skin and health benefits for the body is dedicated to Queen Soma Devi who was acclaimed for her beauty, bravery, and sacrifice to save King Valagamba in 77 BC.

Managing Director of Grains N Green, Roshan Perera says, “In addition to the myriad of health benefits, consumers are encouraged to experience a taste of nostalgia with each sip of Akshata herbal tea. Today’s health-conscious consumers increasingly buy items that support their nutrition and fitness. Sugar is no longer included in this list due to its negative impact on one’s health. That’s why we have introduced healthy alternatives for sugar. Putting honey or jaggery in tea is a much healthier choice than using sugar as it does not raise blood sugar levels as quickly, and with our product you can get the tea as well as

the sweeteners all in one pack. This saves time, money, and is a healthier alternative to drinking tea with sugar.”

Akshata herbal tea with bees honey/Jaggery is available at Spar and Glomark supermarkets and can also purchase online at askshatastore.com

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