HSBC Sri Lanka

Last updated
HSBC Sri Lanka
Company type Subsidiary
Industry Financial services
Founded1 July 1892;133 years ago (1892-07-01)
Headquarters Colombo, Sri Lanka
Key people
Mark Surgenor (CEO)
ProductsRetail Banking and Wealth Management

Commercial Banking

Global Banking and Markets
Number of employees
760
Parent HSBC Holdings plc
Website www.hsbc.lk

HSBC Sri Lanka is a banking and financial services company in Sri Lanka and is a licensed commercial bank supervised by the Central Bank of Sri Lanka. Founded in 1892 (just 27 years after its first offices were established in Hong Kong and Shanghai), it is one of the oldest banks in Sri Lanka. The company maintained an international outlook from the start, while its activities centered on trade finance. [1]

On 24 September 2025, HSBC Sri Lanka entered into a sale and purchase agreement (SPA),to sell its retail banking business in Sri Lanka to Nations Trust Bank in a deal valued at Rs. 18 billion plus taxes (approximately US$60 million). The sale is expected to be completed in the first half of 2026. [2] [3]

Union Place branch in March 2017. UG-LK Photowalk - HSBC Union Place - 2017-03-12 (2).jpg
Union Place branch in March 2017.


References

  1. ↑ "HSBC In $ 7 M. Refurbishment Drive".
  2. ↑ "NTB announces Rs. 18 b deal for HSBC Sri Lanka's retail banking business". Daily FT. 2025-09-25. Archived from the original on 2025-09-25. Retrieved 2025-10-07.
  3. ↑ Li, Selena; Venkatraman, Janane (2025-09-25). "HSBC to sell Sri Lanka retail banking business to Nations Trust Bank". Reuters. Retrieved 2025-10-07.
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