HNBA News

Hatton National Bank PLC (HNB) and its fully owned subsidiary HNB Assurance PLC (HNBA), announced the launch of ‘Lease Protector’, an exclusive new insurance cover where HNBA will settle any outstanding lease payments of the lessee to the bank, in the unfortunate event of their demise or total disability.  The cover will extend up-to a value of Rs 10 million and will include liability for customers up-to the age of 70. Both HNB and HNBA have also structured the ‘Loan Protector’ cover to be as simple and easy to access as possible with minimal documentation. Commenting on the exclusive tie-up, HNB, Deputy General Manager - Retail & SME Banking, Sanjay Wijemanne stated: “With all of the major disruptions that we have witnessed in these constrained market conditions, the underlying need for affordable pathways to vehicle ownership remains quite strong. In such an environment, our goal is to provide as much support and value to customers as possible. This partnership advances both of these goals by providing customers with affordability and security in a single product.” Speaking on the tie-up, Chief Executive Officer of HNBA and its fully owned subsidiary, HNB General Insurance Limited (HNBGI), Prasantha Fernando stated, “This tie-up is a unique business opportunity for both businesses and this would offer a significant long-term value creation to our stakeholders. ‘Lease Protector’ is another revolutionary solution developed in association with our Parent Company, HNB, enhancing Group synergies in order to address the ever evolving customer needs for protection in the financial services spectrum”. HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 63 branches. HNBA is a Life Insurance company with a rating of A (lka) by Fitch Ratings Lanka for ‘National Insurer Financial Strength Rating’. Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful insurance solutions and is a fully owned subsidiary of HNB Assurance PLC. HNB General Insurance has been assigned a ‘National Insurer Financial Strength Rating’ of ‘’A’’ (lka) by Fitch Ratings Lanka Limited. HNBA is rated within the Top 100 brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance has won international awards for Brand Excellence, Digital Marketing and HR Excellence including the Great Place to Work® Certification, and won many awards for its Annual Reports at award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka. HNB with 252 customer centres across the country, 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. The bank has continuously won prestigious accolades including being declared Best Retail Bank in Sri Lanka for 2020 by the Asian Banker Magazine for the eleventh occasion in addition to being highest ranked privately owned commercial bank in Sri Lanka by the prestigious Banker Magazine Top 1000 global rankings 2020. Locally, HNB leads the Business Today Top 10 rankings and has also claimed seven awards at the Best Corporate Citizen Sustainability Awards 2019. Being the first Sri Lankan bank to obtain an international credit rating, HNB is rated on par with the sovereign by Moody's Investors Service, and the National Long Term Rating of HNB has been revised upward by two notches to AA+ (lka) recently by Fitch Ratings (Lanka) Ltd.   Photo Caption From left: HNB Senior Manager - Bancassurance, Chandana Waidyatilaka, HNB Assurance Head of Partnerships, Sanesh Fernando, HNB Assurance Chief Operating Officer, Lasitha Wimalaratne, HNB Assurance Chief Executive Officer, Prasantha Fernando, HNB DGM - Retail & SME Banking, Sanjay Wijemanne, HNB AGM - Network Management, Vinodh Fernando, HNB Chief Manager/Head of Personal Financial Services, Kanchana Karunagama and HNB Senior Manager - Leasing, Niluka Amarasinghe.

HNB Assurance PLC (HNBA) produced 75 qualifiers for the prestigious Million Dollar Round Table Conference (MDRT) in the United States of America, including 1 Top of the Table qualifier (TOT) and 3 Court of the Table (COT) qualifiers. The achievement holds great significance as this is the highest number of MDRT and COT achievers the Company has produced. Commending the winners, Chief Executive Officer of HNBA and HNB General Insurance Limited (HNBGI), Mr. Prasantha Fernando stated, “This inspiring team of individuals have set a benchmark in the industry today, also showcasing great resolve in the act of broadening one’s professional career development. I believe that career-shaping achievements of this nature not only strengthens the Company’s Sales Force, but also sets an excellent example for our youthful beginners to stay true to their values and goals in life. Whilst congratulating all the winners, I would like to extend my sincerest gratitude towards all who made this possible”. Chief Operating Officer and Principal Officer of HNBA, Mr. Lasitha Wimalaratne expressed his words of appreciation stating, “These qualifiers have taken an uphill battle, demonstrating exceptional professional skills, product knowledge and ethical conduct in the run up to achieving the MDRT recognition. I’m indeed thankful for the support of the Distribution Management Team, Training Team and especially the Bancassurance team for their great efforts that set course for this great win”. HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 63 branches. HNBA is a Life Insurance company with a rating of A (lka) by Fitch Ratings Lanka for ‘National Insurer Financial Strength Rating’. Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful insurance solutions and is a fully owned subsidiary of HNB Assurance PLC. HNB General Insurance has been assigned a ‘National Insurer Financial Strength Rating’ of ‘’A’’ (lka) by Fitch Ratings Lanka Limited. HNBA is rated within the Top 100 brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance has won international awards for Brand Excellence, Digital Marketing and HR Excellence including the Great Place to Work® Certification, and won many awards for its Annual Reports at award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka.

"Hatton National Bank PLC (HNB) and its fully owned subsidiary HNB Assurance PLC (HNBA), announced the launch of ‘Lease Protector’, an exclusive new insurance cover where HNBA will settle any outstanding lease payments of the lessee to the bank, in the unfortunate event of their demise or total disability.  The cover will extend up-to a value of Rs 10 million and will include liability for customers up-to the age of 70. Both HNB and HNBA have also structured the ‘Loan Protector’ cover to be as simple and easy to access as possible with minimal documentation. Commenting on the exclusive tie-up, HNB, Deputy General Manager - Retail & SME Banking, Sanjay Wijemanne stated: “With all of the major disruptions that we have witnessed in these constrained market conditions, the underlying need for affordable pathways to vehicle ownership remains quite strong. In such an environment, our goal is to provide as much support and value to customers as possible. This partnership advances both of these goals by providing customers with affordability and security in a single product.” Speaking on the tie-up, Chief Executive Officer of HNBA and its fully owned subsidiary, HNB General Insurance Limited (HNBGI), Prasantha Fernando stated, “This tie-up is a unique business opportunity for both businesses and this would offer a significant long-term value creation to our stakeholders. ‘Lease Protector’ is another revolutionary solution developed in association with our Parent Company, HNB, enhancing Group synergies in order to address the ever evolving customer needs for protection in the financial services spectrum”. HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 63 branches. HNBA is a Life Insurance company with a rating of A (lka) by Fitch Ratings Lanka for ‘National Insurer Financial Strength Rating’. Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful insurance solutions and is a fully owned subsidiary of HNB Assurance PLC. HNB General Insurance has been assigned a ‘National Insurer Financial Strength Rating’ of ‘’A’’ (lka) by Fitch Ratings Lanka Limited. HNBA is rated within the Top 100 brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance has won international awards for Brand Excellence, Digital Marketing and HR Excellence including the Great Place to Work® Certification, and won many awards for its Annual Reports at award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka. HNB with 252 customer centres across the country, 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. The bank has continuously won prestigious accolades including being declared Best Retail Bank in Sri Lanka for 2020 by the Asian Banker Magazine for the eleventh occasion in addition to being highest ranked privately owned commercial bank in Sri Lanka by the prestigious Banker Magazine Top 1000 global rankings 2020. Locally, HNB leads the Business Today Top 10 rankings and has also claimed seven awards at the Best Corporate Citizen Sustainability Awards 2019. Being the first Sri Lankan bank to obtain an international credit rating, HNB is rated on par with the sovereign by Moody's Investors Service, and the National Long Term Rating of HNB has been revised upward by two notches to AA+ (lka) recently by Fitch Ratings (Lanka) Ltd.   Photo Caption From left: HNB Senior Manager - Bancassurance, Chandana Waidyatilaka, HNB Assurance Head of Partnerships, Sanesh Fernando, HNB Assurance Chief Operating Officer, Lasitha Wimalaratne, HNB Assurance Chief Executive Officer, Prasantha Fernando, HNB DGM - Retail & SME Banking, Sanjay Wijemanne, HNB AGM - Network Management, Vinodh Fernando, HNB Chief Manager/Head of Personal Financial Services, Kanchana Karunagama and HNB Senior Manager - Leasing, Niluka Amarasinghe.