Hatton National Bank

Hatton National Bank PLC (commonly abbreviated as HNB) is a private bank in Sri Lanka with 255 branches and 794 ATMs. The bank traces its origin to 1888 when Hatton Bank commenced its operations in Hatton, Sri Lanka.[1]

Hatton National Bank PLC
Company typePublic
CSE: HNB.N0000
ISINLK0078N00002
IndustryFinancial services
Founded1888 (1888)[1]
Headquarters
Colombo
,
Sri Lanka
Number of locations
254 branches (799 ATMs) (2023)
Key people
  • Nihal Jayawardene (Chairman)
  • Jonathan Alles (CEO/Managing Director)
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
  • Browns Investments (9.99%)
  • Employees' Provident Fund (9.75%)
  • Sri Lanka Insurance (8.27%)
  • Milford Exports (Ceylon) (7.91%)
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]

History

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
  • List of banks in Sri Lanka
  • List of companies listed on the Colombo Stock Exchange

References
  1. 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.
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