Hatton National Bank

Hatton National Bank PLC (commonly abbreviated as HNB) is a private bank in Sri Lanka with 251 branches and 563 ATMs.

Hatton National Bank PLC
TypePublic Limited Company
CSE: HNB.N0000
IndustryFinance
Founded1888 (1888)[1]
HeadquartersColombo, Sri Lanka
Number of locations
252 (780 ATMs) (2019)[2]
Area served
Sri Lanka
Key people
Dinesh Weerakody
Chairman
Jonathan Alles
Chief Executive Officer [3]
ProductsBanking, financial and related services
Revenue Rs 145.401 billion (2019)[2]
Rs 76.511 billion (2019)[2]
Rs 15.029 billion (2019)[2]
Total assets Rs 1,196.384 billion (2019)[2]
Total equity Rs 829.724 billion (2019)[2]
OwnerMelstacorp (15.8%)
Employees' Provident Fund (7.82%)
Sri Lanka Insurance (6.63%)
Number of employees
4,913 (2019)[2]
Websitewww.hnb.net

About HNB

Hatton National Bank is a premier private sector commercial bank operating in Sri Lanka with 251 branches spread across the island. The bank has been internationally recognized by the Asian Banker Magazine as the “Best Retail Bank in Sri Lanka” on ten occasions from 2007 to 2017.

The Banker Magazine of the UK named HNB as the Bank of the Year in 2012, 2013 and 2017. HNB is also placed among The Banker’s Top 1000 banks in the world. HNB is actively involved in retail banking, corporate banking, international banking, treasury and project ¬financing. In 2012 HNB became the 1st Sri Lankan bank to obtain an international credit rating and was assigned a foreign currency issuer rating of B1 on par with the sovereign rating by Moody’s Investors Service. The bank’s national long term rating by Fitch Ratings (Lanka) Ltd is AA-(lka).

HNB Values

  • Treasure professional & personal integrity at all times
  • Demonstrate mutual respect in all our interactions
  • Passionate in everything we do
  • Committed to being customer centric
  • Courage to change, challenge and be different
  • Demonstrate unity in diversity

History

1888 ~ 1900: In 1888 the hill station of Hatton saw the genesis of a bank; the first of its kind within the burgeoning tea plantations of the then Ceylon. Aptly named Hatton Bank, this bank became the lifeline to thousands of plantation workers.

1901 ~ 1975: HNB explored and widened new avenues of opportunity for its customers in 1971. The opening of its 1st branches were at Pussellawa, Gampola and Maskeliya. HNB pioneered the concept of ‘Mobile Banking’ – which continues to be a boon to people particularly in rural areas.

1976 ~ 1995: The Bank sponsored the First ever official Test Match played by the National side against England.

References

  1. Banking History- Hatton National Bank
  2. "Hatton National Bank Annual Reports 2019" (PDF). Hatton National Bank. Hatton National Bank. January 30, 2020. Retrieved January 30, 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.