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HNB renews partnership with Prime Group to offer special housing loans

(from left) Prime Group Director, Nalinda Heenatigala, Prime Group Co-Chairperson, Sandamini Perera, HNB Deputy General Manager- Retail & SME Banking, Sanjay Wijemanne, HNB Head of Personal Financial Services, Kanchana Karunagama and HNB Assistant Manager – Personal Financial Services, Sampath Dodanwela

Sri Lanka’s most customer-friendly bank HNB PLC, renewed its partnership with Prime Group to provide customers with exclusive low-interest loans on properties offered by the real estate giant.

The partnership will provide HNB customers exclusive access to the Group’s extensive portfolio of land, houses and apartments from March 24 to June 22, 2021. A special ceremony was held at Prime Head Office to mark the occasion.

“This is an ideal time for prospective homeowners to invest in the home of their dreams. Our customers have the opportunity of making use of the low-interest rates and the benefits offered through partnerships with leading real estate developers such as the Prime Group to build on their vision for a new home,” HNB Deputy General Manager- Retail & SME Banking, Sanjay Wijemanne said.

Delivering maximum value to its customers, HNB will also provide convenient and flexible repayment options tailor-made to their budget under the partnership. Doorstep mortgage advisory services are also provided by the bank’s dedicated agents, who will also assist customers with all the legal documentation needed for the facility. Notably, HNB’s state-of-the-art back-end processes assure a three-day loan approval period.

“As a property developer with one of the largest portfolios in the country, we have always worked towards providing prospective homeowners with a wide array of real estate options to choose from. We hope that with the renewal of our partnership this year, our mutual customer base will make use of this opportunity to move into their new home,” Prime Group Co-Chairperson Sandamini Perera said.

Prime Group will offer The Palace – Gampaha with 50+amenities, Clover – Thalawathugoda with luxry facilities, The Grand Colombo 7 (one of the most luxury apartment complex in Sri Lanka) and many individual houses, apartments and lands for prospective customers.

Further information regarding the offer can be obtained from HNB customer centres and Prime Group by contacting HNB on 011-2462462 or Prime Group on 0710 777 666.

With over 25 years of expertise, Prime Group is the only ICRA [A-] Stable rated real estate company in Sri Lanka, solidifying their financial stability. The group was also named one of the most respected entities in Sri Lanka for the past 3 years by LMD. Prime Group was also crowned Sri Lanka's best developer for the past two years by the largest and most respected real estate awards programme in Asia, Property Guru Asia Property Awards; having developed multiple award-winning housing and condominium projects.

Prime Group was also accredited Among Asia’s Best Brands and The Best entrepreneur in the year 2018 by Asia One magazine. The long term goal of Prime Group is to shift from a private family owned enterprise to a public owned organization – broad basing its shareholders while earning the status of an iconic international player in the region by going in to an IPO in the near future.

With 252 customer centres across the country, HNB is one of Sri Lanka's largest, most technologically innovative banks having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Over the recent past, the bank was ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.

HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020, in addition to winning the coveted Best Retail Bank in Sri Lanka Award for the 11th time at the Asian Banker Awards 2020, in recognition of its sustainable growth and continuous improvements in processes, products and services amidst a challenging macroeconomic environment.