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Development Banking
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Overview

HNB has been the forerunner in development banking among the private sector banks in Sri Lanka. The bank commenced its development banking activities almost from the inception by inaugurating a village adoption project in Moneragala.

In late 1970s the bank established the Development Division with a vision to be the foremost development banking unit among commercial banks positively contributing towards the economic development of the nation by providing credit and other social banking services.

Development Banking Division caters to agriculture and micro financing sectors. HNB was the 1st commercial bank in Sri Lanka to recruit qualified technical and agricultural personnel to the banking stream to assist the SME, rural agricultural enterprises and micro finance sectors.
 
Bank has been an active 'Participating Credit Institution' for almost all credit lines funded by the Asian Development Bank, World Bank, International Fund for Agricultural Development, Japanese Bank for International Cooperation as well as concessionary credit lines introduced by the Government of Sri Lanka from time to time.

In 1989 the bank introduced its own micro financing program known as 'Gami Pubuduwa' (village awakening) to extend financial services to self employment projects and other micro enterprises sector in the rural and semi-rural areas. The primary objective of this scheme is to establish a closer linkage between the Bank and the rural community who were treated as 'Non Bankable'. This scheme emphasizes harnessing inherent skills of the rural community, thereby assisting them to become self-reliant.

 

Contact person -
M V P Gunawardena (Senior Manager - Development Banking)
Development Banking Division,
Level 19, HNB Towers,
Hatton National Bank PLC,
479, T B Jayah Mawatha,
Colombo 10,
Sri Lanka .

Tel - 2661988
Fax - 2662823
Email - devbank@hnb.lk

     
 
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