Categories
  Encyclosphere.org ENCYCLOREADER
  supported by EncyclosphereKSF

Hatton National Bank

From Wikipedia - Reading time: 8 min

Hatton National Bank PLC
Company typePublic
CSE: HNB.N0000
ISINLK0078N00002
IndustryFinancial services
Founded1888; 136 years ago (1888)[1]
Headquarters
Colombo
,
Sri Lanka
Number of locations
255 branches (825 ATMs) (2023)
Key people
  • Nihal Jayawardene (Chairman)
  • Damith Pallewatte (Acting CEO)
RevenueIncrease LKR336.638 billion (2023)
Decrease LKR149.5 billion (2023)
Increase LKR23.606 billion (2023)
Total assetsIncrease LKR2.047 trillion (2023)
Total equityIncrease LKR219.557 billion (2023)
Owners
Number of employees
Increase 8,989 (2023)
Subsidiaries
  • HNB Assurance PLC
  • HNB Finance PLC
  • Prime Finance PLC
  • Acuity Partners (Pvt) Ltd
  • Lanka Ventures PLC
Websitewww.hnb.net
Footnotes / references
[2]

Hatton National Bank PLC (commonly abbreviated as HNB) is a private bank in Sri Lanka with 255 branches and 825 ATMs. The bank traces its origin to 1888 when Hatton Bank commenced its operations in Hatton, Sri Lanka.[1]

History

[edit]

In 1947, Ceylonese conglomerate Brown and Company acquired Hatton Bank and the Hatton Transport and Agency Co, thus becoming the Browns Group.[3] In 1970, Hatton Bank acquired two branches of Grindlays National Bank and became Hatton National Bank.[4]

See also

[edit]

References

[edit]
  1. ^ a b Randhawa, Bikki K.; Sacay, Orlando J. (1997). Gallardo, Joselito S. (ed.). A Commercial Bank's Microfinance Program: The Case of Hatton National Bank in Sri Lanka, Parts 63-369. World Bank Publications. p. 7. ISBN 978-0-82134-002-8. Retrieved 26 November 2022.
  2. ^ "Annual Report 2023" (PDF). cse.lk. Hatton National Bank PLC. Retrieved 3 March 2024.
  3. ^ Warushamana, Gamini (5 March 2012). "Trust and service excellence, the driving force of Browns". Sunday Observer. Retrieved 3 March 2024.
  4. ^ Wijesundera, D. (1996). "Small and Micro Enterprise in Sri Lanka: Bringing the Bankers to the People". Development in Practice. 6 (2): 151. ISSN 0961-4524. Retrieved 3 March 2024.
[edit]
Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Hatton_National_Bank
10 views | Status: cached on November 24 2024 03:43:25
↧ Download as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF