Hatton National Bank PLC
369.25
LKR
-7.75
(-2.06%)
ISIN
LK0078N00002
Return %
Stock
S&P 500
1Y
-6.71
14.20
3Y
125.80
81.12
5Y
168.29
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Damith Pallewatte
- Full Time Employees
- 5,645
- Sector
- Finance
- Industry
- Major banks
- Address
- Colombo Sri Lanka
- IPO Date
- Aug 16, 1993
- Website
- hnb.lk
- Similar Companies
- Business
- Hatton National Bank PLC is a premier private sector commercial bank in Sri Lanka, providing a comprehensive range of retail banking, corporate banking, SME and microfinance, treasury, investment, and digital financial solutions. Founded in 1888 and headquartered in Colombo, Sri Lanka, the bank operates through an extensive domestic branch network, self-service banking units, and international correspondent banking relationships. The company operates through distinct business segments, offering specialized financial products and services, including: Retail and Consumer Banking: savings and current accounts; term and fixed deposits; personal and educational loans; residential housing finance; automobile leasing and hire purchase facilities; credit and debit cards; wealth management and private banking services; remittance and non-resident foreign currency accounts; and digital banking platforms, including online banking, mobile banking applications, and the HNB SOLO QR-based digital payment wallet. Corporate and Institutional Banking: working capital loans; long-term project and syndicated financing; structured trade finance, including letters of credit, documentary collections, and shipping guarantees; treasury and cash management solutions; corporate advisory services; foreign exchange and interest rate risk management; and offshore banking services through its Foreign Currency Banking Unit. Small and Medium-sized Enterprises (SME) and Microfinance: specialized enterprise development loans; agricultural and rural financing; supply chain finance; micro-leasing; capacity-building programs for emerging entrepreneurs; and dedicated financing facilities for women-led enterprises. Treasury and Capital Markets: government securities trading; foreign exchange dealing; money market operations; derivative instruments; and liquidity management. Islamic Banking: Shariah-compliant financial products offered under the HNB Al-Najah brand, including Mudarabah savings and investment accounts, Murabaha trade financing, and Ijarah leasing solutions. Insurance and Investment Services: life and general insurance solutions provided through its subsidiary HNB Assurance PLC and HNB General Insurance Limited; and full-service investment banking, securities brokerage, and asset management delivered through its associate company Acuity Partners (Pvt) Ltd. In recent developments, Hatton National Bank PLC has advanced its digital transformation and sustainability agenda across its core operations. The bank has upgraded its digital banking ecosystem by introducing enhanced e-KYC and biometric customer onboarding capabilities, expanding the merchant acceptance network of its HNB SOLO digital wallet, and integrating advanced AI-driven transaction analytics for fraud detection. To support economic revitalization and climate resilience, HNB has entered into strategic funding and risk-sharing partnerships with multilateral development institutions, including the Asian Development Bank and the International Finance Corporation, aimed at expanding credit access for export-oriented micro, small, and medium enterprises (MSMEs) and financing renewable energy, energy efficiency, and sustainable agriculture projects. Additionally, the bank has expanded its international remittance network through strategic alliances with global money transfer operators and fintech platforms, streamlining low-cost cross-border fund flows into Sri Lanka while modernizing its core enterprise IT architecture and cybersecurity infrastructure.