[4] Sri Lanka Savings Bank generated a Profit After Tax amounting to Rs.
445 million for the financial year ending 31 December 2022 and the bank recorded a significant increase in Profit After Tax by 74 percent from the previous financial year.
In 2023, Dushayanta Basnayake was appointed as the chairman of the Sri Lanka Savings Bank.
[6] In 2023, according to a report by the Daily FT, Sarvodaya Development Finance had reportedly expressed its keen interest in acquiring Sri Lanka Savings Bank, as the latter was deemed to be struggling with operational inefficiencies and financial instability.
[7] However, the reports about the potential acquisition of Sri Lanka Savings Bank by Sarvodaya Development Finance were brushed off by the Sri Lankan Savings Bank in response to the Daily FT article.