Hatton National Bank

Last updated
Hatton National Bank PLC
Company type Public
CSE:  HNB.N0000
ISIN LK0078N00002
Industry Financial services
Founded1888;136 years ago (1888) [1]
Headquarters,
Sri Lanka
Number of locations
254 branches (799 ATMs) (2023)
Key people
  • Nihal Jayawardene (Chairman)
  • Jonathan Alles (CEO/Managing Director)
RevenueIncrease2.svg LKR336.638 billion (2023)
Decrease2.svg LKR149.5 billion (2023)
Increase2.svg LKR23.606 billion (2023)
Total assets Increase2.svg LKR2.047 trillion (2023)
Total equity Increase2.svg LKR219.557 billion (2023)
Owners
Number of employees
Increase2.svg 8,989 (2023)
Subsidiaries
  • HNB Assurance PLC
  • HNB Finance PLC
  • Prime Finance PLC
  • Acuity Partners (Pvt) Ltd
  • Lanka Ventures PLC
Website www.hnb.net
Footnotes /references
[2]

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]

Contents

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

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References

  1. 1 2 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.