HNB Archives

April 19, 2024

Program focused on Colombo and Northwest regions
HNB TXB platform highlighted to assist businesses with seamless financial control

Sri Lanka’s leading private sector bank, HNB PLC, recently reaffirmed its commitment towards empowering MSMEs (medium, small and micro enterprises) with an awareness program on financial control and scaling their businesses.

Centred around their ground-breaking digital transaction banking platform, HNB TXB, the session educated the participants on how the platform could help them work towards seamless and efficient financial control, and subsequently how they could manage their payments, cash flow, and even tap into global trade.

“At HNB, we recognize the vital role SMEs play in driving economic growth, and we are committed to providing them with the tools and support they need to thrive in today’s digital landscape. SMEs are the backbone of our economy, and we as a nation would be remiss if we did not facilitate their growth, which is synonymous to the growth of the country’s economy. To that effect, aiming to empower SMEs with the latest digital banking technology is one of the things we strive for through HNB TXB platform, enabling them to streamline their financial operations and unlock new opportunities for growth and success,” said Rajive Dissanayake HNB DGM SME & Microfinance.

The bank also introduced the steps it is taking to ensure the HNB TXB on-boarding process is as frictionless and simple as possible. They offered pre-filled documentation, which requires only verification and a final sign-off to be activated.

Designed by the Bank’s Payment & Cash Management team to be the ultimate digital banking companion for businesses, HNB TXB enables enterprises of any size to gain complete visibility and management over payments, cash management, global trade, value-chain financing, treasury and settlements of foreign currency transactions. Built to international standards, and customizable to the needs of any business, TXB is capable of scaling up to fulfil any transaction banking requirement, all within a single, reliable, easy-to-use platform.

With 256 customer centres, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. In addition to being among the Top 10 Best Corporate Citizens at their 14th time being honoured by the CCC BCCSA, HNB was also ranked Best Retail Bank in Sri Lanka for the 14th year at the Asian Banker Global Excellence in Retail Financial Services Awards 2024, as well as Best Service in Trade Finance (Asia Banks), Market Leader in Trade Finance (Asia Banks), and Best SME Bank at Asiamoney Awards 2023.

Furthermore, the Bank solidified its reputation in the sector by securing four prestigious awards at the renowned Euromoney Awards for Excellence in 2024, including being crowned as Best Market Leader in Trade Financial Services and receiving Best Service in Trade Financial Services in both Overall and Domestic categories.

April 9, 2024

Sri Lanka’s leading private sector retail bank, HNB PLC, announced two strategic additions to its Board of Directors with the appointment of distinguished banking industry luminaries, S. Renganathan and Nanda Fernando as Independent Non-Executive Directors, marking a significant enhancement to the Bank’s governance and strategic direction.

Both Renganathan and Fernando possess over four decades of experience and extensive track-records as transformative leaders in the banking industry. Renganathan is the former Managing Director/CEO of Commercial Bank of Ceylon PLC, where he was renowned for spearheading international acquisitions and expansions. Previously he has also served as a Director of the Lanka Financial Services Bureau Limited and the Sri Lanka Banks’ Association (Guarantee) Limited.

He has also served as a Council Member of the Employers Federation of Ceylon, Executive member of the Council for Business with Britain, Vice Chairman of the International Chamber of Commerce Sri Lanka, and Executive Member of the Ceylon Chamber of Commerce. Renganathan currently serves as a Member of the International Chamber of Commerce Sri Lanka Policy Advocacy Committee, Sri Lanka Institute of Directors and the Vice President of the Sri Lanka India Society.

He is also an Independent Non-Executive Director at Sunshine Holdings PLC, Sunshine Healthcare Ltd., Agility Innovations (PVT) Ltd, Janashakthi Insurance PLC, Ceylon Hospitals PLC, Lina Spiro (PVT) Ltd, Lina Manufacturing (Private) Ltd., Healthguard (Pvt) Ltd., Deputy Chairman of Damro Holdings Ltd and Chairman of Marino Leisure Holdings Ltd. He is a Fellow of the Chartered Institute of Management Accountants, UK (FCMA), Chartered Global Management Accountant (CGMA), Fellow of the London Institute of Banking & Finance, UK (FLIBF) and a Fellow of the Institute of Bankers Sri Lanka (FIB), and had received extensive Leadership, Management and Banking training locally and in overseas.

Nanda Fernando, known for his visionary role as the Managing Director of Sampath Bank, compliments the board with his in-depth knowledge and innovative approach to banking. Fernando has been instrumental in implementing cutting-edge banking technologies and customer service paradigms.

Currently, Fernando is the Managing Director of Professional Business Consultants, a company engaged in providing financial planning and advisory services. He is also a Director of Haycarb PLC, Dipped Products PLC, Hayleys Fabric PLC, Lanka Bangla Finance PLC, and Lanka Bangla Securities PLC. He is a Senior Fellow of the Institute of Bankers Sri Lanka and possesses a Master of Business Administration from Sikkim Manipal University, India.

The appointments are expected to enhance HNB’s leadership and fortify the Bank’s commitment to excellence and innovation.

April 9, 2024

Sri Lanka’s leading private sector bank, HNB PLC, recently won three awards at the LankaPay Technnovation Awards 2024, including the ‘Bank of the Year for Excellence in Customer Convenience title’.

Hosted by LankaPay to recognise and reward flag bearers and promoters of innovative digital payment solutions, the awarding night was held at Shangri-La Hotel Colombo on the 20th of March, with the participation of Chief Guest State Minister of Technology Kanaka Herath and State Minister of Finance Shehan Semasinghe,

“These awards are a recognition of our team’s work towards pioneering digital payment solutions and our ethos to always prioritise customer convenience. As Sri Lanka embraces a digital payments uptake, particularly regarding financial requirements, our recognition by LankaPay validates our efforts and motivates us to further enhance our digitalization drive further,” said Sanjay Wijemanne, DGM – Retail Banking Group at HNB.

In addition to being presented with the Gold Award for the ‘Bank of the Year for Excellence in Customer Convenience’, HNB also won the Silver Award for ‘Best Digital Payment Strategy’ and a Merit Award for ‘Most Popular Digital Payment Product’.

HNB’s drive for digitalisation took notable steps forward over the past year, unveiling new products and significantly improving their current digital portfolio. Notably, HNB recently launched HNB TXB – a powerful integrated digital transaction banking platform that offers companies – from MSMEs to MNCs – enabling enterprises of any size to gain complete visibility and management over payments, cash management, global trade, value-chain financing, treasury and settlements of foreign currency transactions. The Bank also rolled out HNB Self Onboarding, a transformative digital banking solution that allows any Sri Lankan national the opportunity to sign up for the full range of HNB’s key products entirely remotely.

Initiated in 2017 to recognise the pioneers of payment technology innovations in the country, the LankaPay Technnovation Awards institutions enhance the efficiency of the national payment network.

“It is quite evident that the world is seamlessly adapting to digital mediums, especially in financial and banking requirements. HNB will continue to understand this shift and work to innovate and improve its digital payments products.” HNB AGM-Digital Business Chammika Weerasinghe said.

With 254 customer centers, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance, and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards. Other major accolades include being adjudged the “Best Retail Bank in Sri Lanka” for the 14^th occasion by the Asian Banker, being declared the “Best SME Bank” by Asiamoney Magazine, as well as securing a Top 5 position on Business Today’s Top 40 rankings for 2023.

HNB was ranked among Sri Lanka’s Top 10 Most Admired companies in 2022 by the American Institute of Certified Public Accountants and Chartered Institute of Management Accountants and the International Chamber of Commerce Sri Lanka. HNB was also recognized for its service excellence in trade services at the Euromoney Awards, taking home the prestigious titles of Best Market Leader in Trade Finance Services and Best Services provider

April 9, 2024

Sri Lanka’s largest private sector retail bank, HNB PLC announced the appointment of Damith Pallewatte as Acting CEO, effective from 6^th April 2024, subject to approval of his fit & propriety from Central Bank of Sri Lanka. The strategic appointment comes as part of a planned leadership transition first announced in May 2023.

A qualified Banking and Risk Management Professional with over 27 years of experience including more than 14 years in Senior and Corporate Management positions, Pallewatte brings a wealth of diverse experience to his new role. His career has spanned the full spectrum of banking operations, including Strategy and Risk Management, Credit, Branch Banking and Operations, before his most recent tenure as Deputy General Manager of HNB’s Wholesale Banking Group.

“As a result of the fundamental realignment that has taken place at HNB over the past decade, we are ideally positioned to play a transformative role in the national economy. Our goal is to continue building on this legacy of strength, stability and innovation.

“Leveraging best in class customer service, emerging technologies, and unmatched network capabilities, we aim to facilitate Sri Lankan enterprises of all sizes to connect to global opportunities, while engaging with critical sectors and new markets to enable a true economic resurgence,” HNB Acting CEO, Damith Pallewatte said.

Pallewatte brings to his role as Acting CEO of HNB an extensive portfolio of leadership positions and directorships within and beyond Sri Lanka. Since November 2021, he has served as Chairman/Director of Lanka Ventures PLC and LVL Energy Fund PLC, both listed on the Colombo Stock Exchange, showcasing his expertise in venture capital and renewable energy investments across Sri Lanka, Bangladesh, and Nepal.

Further enriching his profile, Pallewatte holds directorships at Acuity Partners (Pvt) Ltd, Acuity Securities Limited and Lanka Financial Services Bureau Limited. Further, he was recently appointed as Vice President/Director of the International Chamber of Commerce in Sri Lanka.

Pallewatte holds a Master of Business Administration (MBA) degree from the Postgraduate Institute of Management, University of Sri Jayewardenepura and a Bachelor of Science in Management from the University of London, London School of Economics.

He is also a Certified Financial Risk Manager (FRM) by the Global Association of Risk Professionals (GARP), an ACI Operations Certificate holder of Financial Markets Association – France, a Fellow Member of the Chartered Institute of Management Accountants (CIMA), UK and holds a Sustainability and Climate Risk Certificate (SCR) from GARP, underscoring his dedication to advancing financial, social and environmental sustainability practices.

Pallewatte’s influence extends into professional accounting and risk management communities as evidenced by his appointments to the MESANA (Middle East, South Asia and North Africa) Regional Advisory and Engagement Panels by the Association of International Certified Professional Accountants (AICPA) and CIMA, and his leadership roles within the CIMA Country Network Committee in Sri Lanka and as the Chairman of South Asia Area Committee covering India, Bangladesh and Sri Lanka.

His tenure as past president of the Association of Banking Sector Risk Professionals, also known as the CRO Forum, and his significant contributions as the Chairman of the Technical Committee for the Credit Information Bureau of Sri Lanka (CRIB), underscore his commitment to enhancing financial systems and technologies for the broader economic benefit. Before joining HNB he had stints with Sampath Bank PLC and Nations Trust Bank PLC.

With 256 customer centres, HNB stands as one of Sri Lanka’s largest and most technologically innovative private banks. Having been recognized as the Best Retail Bank in Sri Lanka for the 14th consecutive year at the Asian Banker Global Excellence in Retail Financial Services Awards 2024, HNB continues to solidify its reputation in the sector. Additionally, the bank has been honored with prestigious awards, including Best Market Leader in Trade Financial Services at the renowned Euromoney Awards for Excellence in 2024, highlighting its excellence in service, market leadership, and commitment to sustainable banking practices.

April 1, 2024

Solidifying their position as one of the nation’s leaders in sustainability, good governance and corporate excellence, Sri Lanka’s leading private sector bank HNB PLC was once again honored at the prestigious Ceylon Chamber of Commerce Best Corporate Citizen Sustainability Awards 2023.

The bank was ranked among the Top 10 Best Corporate Citizens for fourteen consecutive years, a testament to its enduring commitment to excellence in a highly competitive landscape. Moreover, throughout this period the Bank was recognized for various awards under 11 other categories at the most anticipated event in the corporate calendar.

“We are profoundly honored to have Hatton National Bank (HNB) recognized among the Top 10 Best Corporate Citizens for 2023. This accolade is a testament not only to our unwavering commitment to service excellence but also to our resilience in facing the challenges of our times.

“At HNB, we believe in going above and beyond to support our customers, providing them with unparalleled service and innovative solutions that meet their evolving needs. Our journey towards sustainability and corporate responsibility is ongoing, and this recognition fuels our drive to continue making a positive impact in the communities we serve. We pledge to uphold our promise of delivering the best services, fostering a culture of excellence and integrity, and contributing towards a sustainable future for all. To our valued customers, partners, and employees, this achievement belongs to you. Together, we are building a stronger, more sustainable world,” Damith Pallewatte, Deputy General Manager- Wholesale Banking Group

The Bank’s dedication to sustainability was showcased through a significant Green Pledge undertaken by all of its employees, committing to not only sustainable practices but also a shift in mindset with view to a sustainable future to all. Boasting a Total Green Finance Portfolio 49.5 Bn LKR as of the 30th September 2023, the Bank has also been officially certified Carbon Neutral by the Sri Lanka Climate Fund (SLCF), implemented a Green Procurement Process, and initiated and maintains several projects across their Environmental, Social and Governance (ESG) framework.

As Sri Lanka’s largest private sector retail bank, HNB has remained unwavering in its dedication to the nation’s growth. Globally and locally recognized for its excellence, the bank was awarded the esteemed title of “Sri Lanka’s Best Corporate Citizen” for 2022 by the Ceylon Chamber of Commerce. Other major accolades include being adjudged the “Best Retail Bank in Sri Lanka” for the 13^th occasion by the Asian Banker, being declared the “Best SME Bank” by Asiamoney Magazine, as well as securing a Top 5 position on Business Today’s Top 40 rankings for 2023.

March 26, 2024

Sri Lanka’s leading private sector bank, HNB PLC, proudly announces the renewal of its partnership with the premier property site, Lanka Property Web (LPW). This collaboration aims to offer customers exclusive financial tools to invest in a home of their own.

The collaboration is poised to revolutionize the home loan experience, offering unmatched convenience, transparency, and value to customers across the island. HNB and LPW were present at a ceremony recently to formalize the partnership at HNB Towers.

“We are delighted to join forces with Lanka Property Web to bolster our home loan offerings. This partnership represents a strategic move to leverage LPW’s extensive reach and expertise in the real estate sector, enabling us to serve our customers better and fulfill their homeownership aspirations,” said HNB Assistant General Manager – Personal Financial Services (AGM – PFS), Kanchana Karunagama.

Delivering the best value to its customers, HNB will offer special interest rate benefits during the promotional period. Prospective homeowners can use convenient and flexible repayment options tailor-made to their budgets, together with doorstep mortgage advisory services provided by the bank’s dedicated agents, who will assist with the entire documentation needed for the facility. Notably, HNB’s backend processes ensure a speedy loan approval process.

“At Lanka Property Web, we are committed to facilitating seamless property transactions for our customers. Our partnership with HNB marks an exciting milestone in our journey to redefine the real estate landscape in Sri Lanka. By combining our strengths, we aim to streamline the home buying process and empower individuals and families to achieve their homeownership goals,” said LankaPropertyWeb Managing Director, Daham Gunaratna.

With 256 customer centres, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. In addition to being among the Top 10 Best Corporate Citizens at their 14th time being honoured by the CCC BCCSA, HNB was also ranked Best Retail Bank in Sri Lanka for the 14th year at the Asian Banker Global Excellence in Retail Financial Services Awards 2024. They were also recognized with Best Service in Trade Finance (Asia Banks), Market Leader in Trade Finance (Asia Banks), and Best SME Bank at Asiamoney Awards 2023.

March 12, 2024

HNB PLC reaffirmed its dominant leadership position, after being ranked Best Retail Bank in Sri Lanka for the 14^th year at the Asian Banker Global Excellence in Retail Financial Services Awards 2024.

Hosted by the prestigious Asian Banker Magazine, the awards are considered among the most rigorous and influential programmes for consumer financial services in the world and are designed to showcase regional institutions that establish new benchmarks in stability, innovation, digital enablement and process re-engineering towards unleashing rapid, sustainable growth.

“For generations, HNB has stood firm in our mission to serve as a partner in progress to all Sri Lankans. Throughout, we have adapted, and evolved, integrating cutting-edge technology and global best practices into a deeply customer-centric business model. Our success in retaining leadership of the retail banking sector for 14 years provides further validation to our approach, and inspires us to continue striving for greater heights moving forward,” HNB Managing Director/CEO, Jonathan Alles said.

Retail banking is a flagship segment for HNB, which caters to the needs of over 2.5 million Sri Lankans island-wide. In addition to the bank’s extensive customer service network of 254 branches and over 800 self-service machines, HNB has also been a pioneer in leveraging digital banking products, services and channels to provide customers with convenient, comprehensive and secured options to transact remotely.

Throughout the preceding year, HNB demonstrated remarkable resilience and consistent performance amid significant industry headwinds. Notably, the bank reported a 63% Year-on-Year (YoY) surge in digital transaction volumes, complemented by a 65% YoY increment in the customer base engaging with our digital platforms.

In addition, our position as the vanguard of technology-integrated banking has been further solidified by pioneering platforms such as HNB SOLO. This platform offers seamless digital payment experiences, enjoying rapid adoption thanks to strategic alliances with leading technology firms, enhancing merchant access to advanced digital payment options.

“We are deeply gratified with the resounding recognition that HNB won at this year’s awards. To be crowned Best Retail Bank in Sri Lanka on 14 separate occasions is a remarkable achievement, one that is fueled by a process of constant evolution, and unwavering commitment to excellence from our team. We believe that when retail banking is done right, it has the potential to radically improve the lives of our customers. That is why we continue to seek out all opportunities for streamlining and simplifying our products and processes, in order to deliver maximum value into the hands of our valued customers,” HNB DGM Retail Banking Group, Sanjay Wijemanne said.

Notably, the bank consolidated its legacy of true leadership in sustainability, good governance and corporate excellence with a resounding victory at the prestigious Ceylon Chamber of Commerce Best Corporate Citizen Sustainability Awards 2022 (CCC BCCSA).

Having being declared the overall winner, HNB further secured additional four accolades including Governance category winner, Sustainability Champion for the Finance sector, second runner-up for Demonstrated Resilient Practices for COVID-19 category, and ranked among the Top 10 Best Corporate Citizens, a position which HNB has achieved for 13 years.

Moreover, the bank was also crowned Sustainability Champion for The Finance Sector in recognition of its systemic national contributions in supporting Sri Lanka’s transition towards renewable energy, grassroots-led economic development, and the multi-pronged environmental and social campaigns by the HNB Sustainability Foundation.

Furthermore, HNB was ranked among the Top 1,000 Banks in the world in 2022 for the sixth consecutive year by the acclaimed UK based ‘The Banker Magazine’ while being adjudged the ‘Best Service Bank’ and the ‘Market Leader’ in the Euromoney Trade Finance Survey 2023.

March 11, 2024

Reiterating its efforts to bring the best possible deals to customers investing in their dream home, Sri Lanka’s leading private sector bank, HNB PLC, entered into a Memorandum of Understanding (MoU) with the International Construction Consortium (PVT) Ltd (ICC), to offer exclusive financial solutions to prospective homeowners of the developer’s latest project The Residencies Kotte, located in the capital city of Sri Lanka.

The agreement was signed at a special ceremony at ICC Head Office, with the participation of HNB AGM – Personal Financial Services, Kanchana Karunagama and ICC Managing Director/Chief Executive Officer, Namal Peiris alongside additional representatives from both companies. The partnership will provide customers with the value proposition best suited to their needs, for their home investment.

Commenting on the partnership, HNB AGM – PFS, Kanchana Karunagama said: “We are proud to extend our commitment to empowering homeownership together with the ICC, through helping aspiring homeowners tackle the housing landscape with tailored financial solutions. In tandem with ICC’s expertise in construction, we’re dedicated to making the journey to homeownership seamless and fulfilling.”

Through this partnership, customers can avail themselves to special interest rates and other benefits from HNB, as well as convenient and flexible repayment options tailor-made to their budgets, during the promotional period which ends December 31, 2024. To provide maximum support, the bank’s dedicated agents also support customers with legal documentation needed for the facility. Moreover, HNB’s backend processes ensure a speedy loan approval process.

“Our latest project in Kotte is located in a prime area, just minutes from the Monarch Imperial Hotel. We are making steady progress with Tower A, while we just completed the super structure for Tower B. At this rate, I believe that our collaboration with HNB ensures a seamless path for customers looking to own their dream home,” commented ICC MD/CEO, Namal Peiris.

With over 40 years of experience in the construction industry, the International Construction Consortium (PVT) Ltd is the most innovative and progressive Civil Engineering organizations in Sri Lanka. The Consortium has completed several condominium projects such as Mount Clifford Homagama, Nivasie Malabe and Oceanfront Condos in Galle & Nilaveli.

With 254 customer centers and 800+ Self Service Devices (SSMs) nationwide, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards. The Bank further secured four additional accolades, including being among the Top 10 Best Corporate Citizens and taking home the Governance category and Sustainability Champion for the Finance sector titles.

Additionally, HNB was ranked among the World’s Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for the sixth consecutive year in 2022, in addition to being crowned the Best Retail Bank in Sri Lanka for the 13th occasion at the prestigious International Excellence in Retail Financial Services Awards 2023 hosted by the Asian Banker Magazine.

March 5, 2024

Paving the way for a more accessible and inclusive banking experience, Sri Lanka’s most digitally innovative bank HNB PLC, announced the launch of its pioneering Data Freedom initiative offering the bank’s digital users with toll-free access to its digital banking platforms.

The groundbreaking move, a collaboration with SLT Mobitel and a first in Sri Lanka’s banking history, offers users seamless access to its entire spectrum of platforms including the Digital Banking app, Digital Banking website, SOLO app, SOLO Merchant app, SOLO Merchant website, SOLO website, and the HNB Corporate Website without incurring any data charges.

Commenting on the significant industry benchmark, HNB Assistant General Manager- Digital Business, Chammika Weerasinghe said: “We are happy to launch Data Freedom for our digital banking users. This initiative reflects our commitment to leveraging technology to drive positive change and empower our customers. We always strive to provide convenient access to banking services and to empower our customers to manage their digital banking needs with seamless access to our services no matter the circumstances.”

The partnership with SLT-Mobitel provides HNB customers with access to the bank’s facilities, even if their data connection is barred due to insufficient account balance or because they have exceeded their credit limit. Users can enjoy the convenience of a seamless reload facility by logging into any of HNB’s digital platforms.

“It is a privilege to collaborate with HNB on the Data Freedom initiative, taking Sri Lanka’s Digital financial landscape to new heights. The partnership reflects the continuous commitment of both SLT-MOBITEL and HNB to drive digital banking in Sri Lanka. As the National ICT Solutions Provider, our commitment to promoting financial inclusivity is at the heart of this partnership, aiming to make banking inclusive and accessible for all and setting a new standard for digital engagement in our community,” SLT-Mobitel Head of Customer Care Asanka Jayawardena said.

“Our collaboration with SLT Mobitel opens up a world of possibilities as it removes a significant barrier in accessing our services. Given the national impact of this initiative, we are working to collaborate with other internet service providers (ISPs) to broaden access to our digital banking facilities and ensure each and everyone of our customers have access to their financial tools at any given time,” HNB Senior Manager – Digital Banking Chakshika Amarawardhana said.

With 254 customer centers and 800+ Self Service Machines (SSMs) nationwide, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards and has been recognized as the Best Retail Bank in Sri Lanka for the 13th occasion at the prestigious International Excellence in Retail Financial Services Awards 2023 hosted by the Asian Banker Magazine.

Additionally, HNB was ranked among the World’s Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for the sixth consecutive year in 2022, and was crowned the Best Market Leader in Trade Finance Services and Best Service Provider in Trade Finance for the 5th year in a row at the Euromoney Awards 2024.

February 29, 2024

The Court of Appeal issued an interim order on February 28, 2024, preventing HNB from taking parate action against New Nawaloka Medical Center (Pvt.) Ltd, a subsidiary of Nawaloka Hospitals PLC, one of Sri Lanka’s leading healthcare providers. In light of this development, Nawaloka Hospitals would like to reassure all stakeholders that the organization possesses the necessary financial resources and capability to fulfill its loan obligations without compromising its operations or commitments.

It has come to the company’s attention that certain parties have been circulating rumors regarding its financial ability. Nawaloka Hospitals categorically states that these rumors are baseless and do not reflect the reality of our organization’s financial stability. As a prominent player in the healthcare sector of Sri Lanka, our commitment to serving the nation remains as strong as ever.

Nawaloka Hospitals has been at the forefront of delivering exceptional healthcare services to the people of Sri Lanka for 39 years. The company’s unwavering dedication to providing world-class medical facilities and innovative treatments has earned it the trust and confidence of it’s patients, partners, and stakeholders.

Nawaloka Hospitals understands that rumors and speculation can easily undermine public perception. However, the company assures all stakeholders that Nawaloka Hospitals PLC has always prioritized financial prudence and strategic planning. The company boasts a proven track record of successfully managing its financial obligations and maintaining a strong financial position. Its financial capabilities remain solid, enabling it to continue serving the healthcare needs of the nation.

Nawaloka Hospitals would like to extend its gratitude to it’s valued patients, partners, and stakeholders for their continued support and trust in the company. Rest assured, the company is resolute in upholding its commitments and responsibilities, ensuring the uninterrupted delivery of quality healthcare services to our community.

Older Posts

HNB facilitates growth of SME business banking customers with HNB TXB awareness program

HNB gears up for growth with two strategic appointments to its Board of Directors

HNB recognized for digital payment innovation with three awards at LankaPay Technnovation Awards 2024

HNB Ushers in New Era with Damith Pallewatte at the Helm as Acting CEO

HNB honoured at BCCSA 2023: Ranked among Top 10 Best Corporate Citizens for 14th year

HNB and Lanka Property Web partnership redefines real estate financing

14 years at the top: HNB wins Asian Banker Best Retail Bank in Sri Lanka Award 2024

HNB and ICC collaborate to offer tailored home financing

Data Freedom: HNB’s drive to ensure seamless connectivity to digital banking with industry first initiative

Nawaloka Hospitals PLC assures stakeholders of strong financial capability amidst recent rumors