HNB PLC has partnered with the Institute of Bankers of Sri Lanka (IBSL) to introduce the Diploma in Microfinance programme, aimed at enhancing the skills and knowledge of HNB’s microfinance staff. The programme’s inauguration took place at HNB Towers, with key figures such as IBSL Director General C.P.A. Karunatilake, HNB Chief Operating Officer Sanjay Wijemanne,
HNB PLC, one of Sri Lanka’s leading private banks, has partnered with the Institute of Bankers of Sri Lanka (IBSL) to launch the IBSL’s Diploma in Microfinance Programme for its microfinance staff. The inaugural event, held at HNB Towers, saw the participation of key figures including IBSL Director General C.P.A. Karunatilake, HNB COO Sanjay Wijemanne,
Hatton National Bank (HNB) has received approval from its Board of Directors to initiate discussions regarding the acquisition of Bank Al-Falah’s Bangladesh operations. In a filing to the Colombo Stock Exchange (CSE), HNB confirmed that its board has also given the green light to issue a non-binding offer. This offer is subject to the completion
Hatton National Bank Plc (HNB) is set to raise up to Rs12 billion through a new debenture issue, the bank announced. The debentures, compliant with Basel III regulations, will be Tier 2, listed, rated, unsecured, subordinated, redeemable, and include a non-viability conversion feature. Each debenture will be priced at Rs100. The initial issue will include
Fitch Ratings has assigned Hatton National Bank PLC (HNB, A(lka)/Stable) a final National Long-Term Rating of ‘BBB+(lka)’ for its proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures, amounting up to Rs 12 billion. This final rating aligns with the expected rating assigned on April 4, 2024, following the receipt of documents confirming previously received information.
The Hatton National Bank (HNB) group in Sri Lanka, inclusive of its insurance unit, has reported a 3% rise in profits, reaching 4.43 billion rupees, according to interim accounts. This growth comes as a result of decreased provisions, compensating for a decline in net interest income. In the December quarter, the HNB group achieved earnings