HNB Assurance was incorporated in 2001 as a 60% owned subsidiary of HNB, to avail the opportunity of promoting bank assurance through the extensive distribution network of HNB. HNB Assurance has over time established itself as an important player in a highly competitive environment. HNB Assurance focusses exclusively on Life Insurance while its fully owned subsidiary HNB General Insurance Limited caters to the General Insurance business.
Acuity Partners (Pvt) Ltd is a Joint Venture between HNB PLC and DFCC PLC set up to meet the growing demand for investment banking services in Sri Lanka. Acuity Partners is a fully fledged investment banking group with subsidiaries and joint ventures engaged in Stock Brokering, Primary Dealing, Corporate Finance Advisory Services, Asset Management and Venture Capital.
With the goal of consolidating and growing HNB’s market leadership position in Micro Finance, the Bank acquired 51% of the voting rights in Prime Grameen Pvt Ltd. Now renamed as HNB Grameen, the subsidiary is one of the most successful grass roots level micro finance businesses in the Country.