Sri Lanka’s most innovative bank, HNB PLC’s commitment to banking excellence and its resilient performance over the past year, helped to secure a Top 5 position on Business Today Top 40 for 2022.
“Over the past 4 years, Sri Lanka has been challenged and tested like never before. HNB’s performance in that time is a testament to the power of adaptability. In responding to the crisis, our organization prioritized assistance to SMEs, organizations and individuals most in need, while doubling down on our efforts to drive radical digital transformation across every aspect of the bank.
“Our performance in this year’s Business Today rankings is a powerful validation of that journey, and we take this opportunity to extend our sincere gratitude to the HNB team, and to our valued customers for powering our success at such a crucial moment. Moving forward, we remain committed to delivering seamless and frictionless banking experiences and support our nation's collective mission to revive and rejuvenate our economy,” HNB Managing Director/CEO, Jonathan Alles stated.
HNB’s ranking was based on its strong financial performance, pioneering initiatives in digital transformation, and its extensive support for communities, enterprises and individuals impacted by Sri Lanka’s economic crisis. By the end of the year, HNB maintained assets, advances and deposits in excess of Rs. 1 trillion during which time, deposits grew by over 30% Year-on-Year (YoY) to Rs. 1.4 trillion.
HNB has been regularly featured among the Top 10 of Business Today’s rankings, ever since they were first launched in 1997. Business Today’s Top 40 Rankings were compiled following a series of stringent evaluations of all applicants by a panel of respected corporate sector veterans. Each of the nominees for this year’s rankings was assessed on their quality of growth, corporate governance and long-term vision.
Based on its recent performance, HNB was also crowned as 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.
In addition to driving outstanding financial performance, over the recent past, HNB was also ranked among the Top 1,000 World Banks by the prestigious Banker Magazine, in addition to being recognized as Sri Lanka’s Best Corporate Citizen at the prestigious Ceylon Chamber of Commerce Best Corporate Citizen Sustainability Awards 2022 (CCC BCCSA). Notably, HNB has also been consistently ranked among Sri Lanka’s Top 10 Best Corporate Citizens for 13 consecutive years.