NSB triumphs at CMA Excellence in Integrated Reporting Awards 2024

Thursday, 19 December 2024 02:00 - - {{hitsCtrl.values.hits}}

National Savings Bank (NSB) has once again proven its commitment to transparency, accountability, and outstanding corporate reporting by securing two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2024.

The bank clinched the title of Winner in the State Banks Category and earned recognition as one of the Ten Best Annual Reports for its Integrated Annual Report 2023.

Organised annually by the Institute of Certified Management Accountants of Sri Lanka (CMA), the Excellence in Integrated Reporting Awards is designed to celebrate organisations that adopt and demonstrate international best practices in integrated reporting. These awards focus on assessing an organisation’s ability to provide stakeholders with a holistic view of its performance, sustainability efforts, governance, and long-term value creation.

NSB said its recognition at this esteemed platform reflects the bank’s unwavering dedication to transparency, accuracy, and stakeholder communication. The Integrated Annual Report 2023 stands as a shining example of the bank’s ability to align financial performance with environmental, social, and governance (ESG) considerations while presenting a comprehensive narrative of its operational resilience, growth strategies, and contributions to national progress.

Being recognised as the Winner in the State Banks Category underscores NSB’s leadership in the public sector banking industry, where it has consistently set new benchmarks for financial and non-financial reporting. In addition, being ranked among the Ten Best Annual Reports is a further testament to the meticulous detail, clarity, and innovation embedded in NSB’s reporting practices.

Over the years, NSB has been continuously recognised for its excellence in annual reporting, reaffirming its position as a leading financial institution committed to the highest standards of corporate governance and transparency. The bank’s integrated reporting framework focuses on demonstrating value creation for all stakeholders, including customers, investors, employees, and society at large.

The Integrated Annual Report 2023 seamlessly highlights NSB’s performance, future strategy, and long-term goals. It articulates the bank’s efforts to align its operations with emerging global reporting trends and sustainability principles while remaining responsive to the evolving needs of its stakeholders.

The bank’s leadership commended this achievement, emphasising that these accolades reflect NSB’s ongoing pursuit of excellence and its commitment to creating long-term value. They further reiterated that NSB would continue to strengthen its reporting processes to ensure clarity, accountability, and trust among all its stakeholders.

NSB’s continuous recognition at the CMA Excellence in Integrated Reporting Awards is a mark of its resilience, dedication, and ability to thrive in a dynamic environment. As the bank looks ahead, it remains steadfast in its mission to deliver innovative, sustainable, and transparent banking solutions that contribute meaningfully to national development.