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HNB and Homelands Skyline renew partnership for attractive housing loans

HNB Deputy General Manager - Retail Banking Group Sanjay Wijemanne (fifth from left) and Home Lands Group Chairman and Managing Director Nalin Herath (fifth from right) exchanging the MoU in the presence of (from left) HNB Mortgage Advisor Rajika Nishantha, HNB Manager - Home & Personal Loans Sampath Dodanwela, HNB Manager - Personal Financial Services Asitha Fernando, HNB Assistant General Manager - Personal Financial Services Kanchana Karunagama, Home Lands Group Director Harshani Herath, Home Lands Group Director - Operations & Administration Lanka Jayasinghe, Home Lands Skyline Director - Legal Nimali Gunasekera and Home Lands Skyline Manager - Bank Loans Harsha Herath.

Catering to the increasing demand for urban living, Sri Lanka’s leading private sector bank HNB PLC, renewed its long standing partnership with property developer and real estate giant Homelands Skyline, to offer prospective homeowners a range of advantages and preferential rates.

Customers can make use of this promotion, applicable across its comprehensive apartment portfolio, until the end of 2024. HNB Deputy General Manager - Retail Banking Group, Sanjay Wijemanne  and Home Lands Group, Chairman and Managing Director, Nalin Herath were present at a ceremony held to renew the partnership at HNB Towers.

“Despite the challenges created by the global pandemic and economic downturn, the outlook for the real estate industry in Sri Lanka remain positive for 2023. The industry has been resilient in overcoming the many challenges, and continued to flourish offering numerous investment opportunities for real estate enthusiast and prospective homeowners. As such, we are delighted to renew our long-standing partnership with Homelands Skyline to offer our mutual customer base with the best options in the market,” HNB Assistant General Manager – Personal Financial Services, Kanchana Karunagama said.

Under the tripartite agreement with the developer, HNB home loans will now be accommodated for their existing projects, including Canterbury Lexus - Golf Resort Apartments in Kahathuduwa, Canterbury Golf Villas in Kahathuduwa, Elixia 3C's in Malabe, Santorini Resort Apartments & Residencies in Negombo, Greendale Retirement and Residencies in Athurugiriya, Cressida in Athurugiriya, and their upcoming project in Wadduwa.

Delivering maximum value to its customers, HNB will provide convenient and flexible repayment options tailor-made to their budget. The bank further offers doorstep mortgage advisory services via its dedicated agents, who will assist customers with all legal documentation needed for the facility.

To accommodate the above offer, all home loans will be granted with a minimum grace period of one year, with the application procedure streamlined by HNB's state-of-the-art back-end processes to ensure a remarkable 3-day loan approval period, ideal for customers relying on a speedy response to their loan applications.

"Homelands Skyline has always dedicated itself to providing prospective homeowners with the best residential options for their needs. To this effect, our continued collaboration with HNB is a testament to their outstanding support and facilities in this market. Together, we hope to provide housing solutions to address this gap, and continue to drive Sri Lanka’s housing sector’s growth," Home Lands Group, Chairman and Managing Director, Nalin Herath said.

Furthermore, the developer will bear monthly interest of Home loans considered under this promotion for up to a maximum period of one year for all clients.

With 254 customer centres and 800+ Self Service Devices (SSMs) nationwide, HNB is one of Sri Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards. The bank further secured four additional accolades, including being ranked among the Top 10 Best Corporate Citizens and taking home the Governance category and Sustainability Champion for the Finance sector titles.

Additionally, HNB was ranked among the World’s Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for the sixth consecutive year in 2022, in addition to being crowned the Best Retail Bank in Sri Lanka for the 13th occasion at the prestigious International Excellence in Retail Financial Services Awards 2023 hosted by the Asian Banker Magazine.