HNB Finance Plc
6.00
LKR
0.00
(0.00%)
ISIN
LK0460X00001
Return %
Stock
S&P 500
1Y
-28.27
14.39
3Y
31.85
81.42
5Y
-19.09
68.62
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- B. M. D. Chaminda Prabhath
- Full Time Employees
- 1,907
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Nugegoda Sri Lanka
- IPO Date
- May 20, 2020
- Website
- hnbfinance.lk
- Similar Companies
- Business
- HNB Finance PLC is a Sri Lanka-based licensed finance company and non-banking financial institution that provides a comprehensive range of retail financial solutions, microfinance, small and medium-sized enterprise (SME) financing, and deposit products. Operating as a subsidiary of Hatton National Bank PLC, the company delivers financial services through a nationwide branch network across Sri Lanka. HNB Finance categorizes its core offerings into deposit and savings products, including fixed-term deposits with flexible maturities; regular savings accounts; specialized women's savings schemes under the Miyulasi brand; and children's savings accounts under the Yalu brand; credit and loan facilities, encompassing group and individual microfinance loans; small and medium enterprise credit facilities; micro-enterprise working capital financing; personal loans under the Relax brand; business loans; and residential mortgage and housing finance under the Nivahana brand; asset financing and leasing solutions, comprising commercial and private vehicle leases, three-wheeler and two-wheeler leasing, agricultural equipment financing, and industrial machinery leases; secured lending facilities, including gold loans, gold advances, and structured Gold Plan facilities; and digital transaction services, encompassing the HNBF Online Banking web and mobile platform, debit card access, utility bill settlement services, and electronic fund transfers. Founded in 2000 and headquartered in Nugegoda, Sri Lanka, the institution serves retail individuals, micro-entrepreneurs, self-employed borrowers, women entrepreneurs, and small to medium-sized commercial enterprises. In recent developments, HNB Finance completed the strategic acquisition and full operational amalgamation of Prime Finance PLC, consolidating branch footprints and expanding its asset base. The company also strengthened its regulatory capital structure through a successfully completed and oversubscribed rights issue. To advance its digital transformation agenda, HNB Finance partnered with Kiya.ai to implement a next-generation digital core banking platform and launched its dedicated HNBF Online Banking platform, enhancing remote banking capabilities while strategically rebalancing its loan portfolio toward secured lending verticals such as gold loans and vehicle leasing.