HNB retains Euromoney’s Best Bank for Large Corporates title in Sri Lanka after securing one of the global banking industry’s most prestigious recognitions, reflecting the bank’s continued leadership in corporate banking, large-scale financing, and innovative financial solutions for Sri Lanka’s leading businesses.
HNB retains Euromoney’s Best Bank for Large Corporates title in Sri Lanka for 2026
The latest recognition at the Euromoney Awards for Excellence 2026 marks the second time HNB PLC has received the honour, reinforcing its reputation as a preferred financial partner for conglomerates, exporters, multinational corporations, and major infrastructure developers operating in Sri Lanka.
The award acknowledges HNB’s ability to deliver tailored financial solutions while supporting some of the country’s largest and most complex corporate transactions. During the review period, the bank expanded its role beyond conventional corporate lending by participating in several landmark local and international financing initiatives.
Among the most significant transactions was HNB’s participation in a US$1 billion sustainability-linked syndicated financing for Aster Chemicals and Energy, supporting the company’s acquisition of Shell’s refinery in Singapore. The bank also played a role in cross-border acquisition financing involving Surge Global and Calcey Technologies, highlighting its growing expertise in facilitating international business expansion.
In Sri Lanka, HNB PLC arranged the Rs. 44.5 billion syndicated financing for the 350MW Sobadhanavi Power Project, one of the country’s largest project financing initiatives. The transaction underscores the bank’s growing capability in structuring complex financing solutions that support national infrastructure development and long-term economic growth.
The HNB retains Euromoney’s Best Bank for Large Corporates title in Sri Lanka recognition also reflects the bank’s continued investment in strengthening its corporate banking Sri Lanka capabilities. Beyond financing, HNB has focused on providing integrated banking services that include treasury solutions, trade finance, transaction banking, cash management, and supply chain finance.
Commenting on the achievement, HNB Managing Director and Chief Executive Officer Damith Pallewatte said the international recognition demonstrates the bank’s commitment to empowering Sri Lankan businesses with the expertise, capabilities, and financial solutions needed to compete in an evolving marketplace.
He noted that HNB’s approach extends beyond traditional lending by building long-term partnerships with clients, understanding their business ambitions, and providing strategic support through innovative financing structures, sector expertise, and international connectivity.
A key strength highlighted by Euromoney was HNB’s transaction banking franchise. The bank currently maintains relationships with more than 900 correspondent banks worldwide, enabling efficient cross-border banking services for corporate customers. Its corporate digital banking platform now serves more than 6,000 corporate clients, while transaction banking volumes have continued to grow.
The bank has also invested significantly in digital onboarding, trade digitisation, and enhanced cash management capabilities while maintaining disciplined credit risk management and strong asset quality across its corporate portfolio.
HNB Chief Operating Officer Sanjay Wijemanne said the award reflects the confidence clients continue to place in the bank. He added that sustained investments in expertise, technology, and specialised financial capabilities have enabled HNB to provide customised solutions for complex financing needs, including acquisitions, business expansion, infrastructure projects, and international growth opportunities.
The bank’s expanding cross-border lending relationships across India, East Africa, and the Middle East have further strengthened its ability to support Sri Lankan companies seeking regional and international expansion. These partnerships provide businesses with greater access to financing opportunities and global banking networks while facilitating overseas investments and commercial growth.
The HNB retains Euromoney’s Best Bank for Large Corporates title in Sri Lanka award further strengthens the bank’s position as one of the country’s leading providers of corporate banking Sri Lanka services. With continued investments in digital transformation, international partnerships, and innovative financing solutions, HNB PLC remains focused on creating sustainable value for corporate clients while supporting Sri Lanka’s long-term economic development.