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The Sri Lanka Savings Bank Limited (SLSBL) was conceptualized by His Excellency the President Mahinda Rajapaksa and established incorporated in July 2006 under the Banking Act and incorporated under the provision of the Companies Act. The Sri Lanka Savings Bank commenced business on March 10, 2008 as a state owned Licensed Specialized Bank.
The year 2010 was a significant year for the SLSB as the bank was able to meet the deficiency in capital funds on September 30, 2010 with the merger of National Development Trust Fund (NDTF) Company, a company limited by guarantee with SLSB and transferring of assets and