Hatton_National_Bank Knowpia

Hatton National Bank PLC
	Hatton National Bank logo
Company type	Public
Traded as	CSE: HNB.N0000
ISIN	LK0078N00002
Industry	Financial services
Founded	1888; 136 years ago
Headquarters	Colombo, Sri Lanka
Number of locations	254 branches (799 ATMs) (2023)
Key people	Nihal Jayawardene (Chairman); Jonathan Alles (CEO/Managing Director);
Revenue	LKR336.638 billion (2023)
Operating income	LKR149.5 billion (2023)
Net income	LKR23.606 billion (2023)
Total assets	LKR2.047 trillion (2023)
Total equity	LKR219.557 billion (2023)
Owners	Browns Investments (9.99%); Employees' Provident Fund (9.75%); Sri Lanka Insurance (8.27%); Milford Exports (Ceylon) (7.91%);
Number of employees	8,989 (2023)
Subsidiaries	HNB Assurance PLC; HNB Finance PLC; Prime Finance PLC; Acuity Partners (Pvt) Ltd; Lanka Ventures PLC;
Website	www.hnb.net
	Footnotes / references;

Hatton National Bank PLC (commonly abbreviated as HNB) is a private bank in Sri Lanka with 255 branches and 794 ATMs. The bank traces its origin to 1888 when Hatton Bank commenced its operations in Hatton, Sri Lanka.^[1]

History edit

In 1947, Ceylonese conglomerate Brown and Company acquired Hatton Bank and the Hatton Transport and Agency Co, thus becoming the Browns Group.^[3] In 1970, Hatton Bank acquired two branches of Grindlays National Bank and became Hatton National Bank.^[4]

References edit

^ ^a ^b Randhawa, Bikki K.; Sacay, Orlando J. (1997). Gallardo, Joselito S. (ed.). A Commercial Bank's Microfinance Program: The Case of Hatton National Bank in Sri Lanka, Parts 63-369. World Bank Publications. p. 7. ISBN 978-0-82134-002-8. Retrieved 26 November 2022.
^ "Annual Report 2023" (PDF). cse.lk. Hatton National Bank PLC. Retrieved 3 March 2024.
^ Warushamana, Gamini (5 March 2012). "Trust and service excellence, the driving force of Browns". Sunday Observer. Retrieved 3 March 2024.
^ Wijesundera, D. (1996). "Small and Micro Enterprise in Sri Lanka: Bringing the Bankers to the People". Development in Practice. 6 (2): 151. ISSN 0961-4524. Retrieved 3 March 2024.

External links edit

Official website

[WB97-1] Randhawa, Bikki K.; Sacay, Orlando J. (1997). Gallardo, Joselito S. (ed.). A Commercial Bank's Microfinance Program: The Case of Hatton National Bank in Sri Lanka, Parts 63-369. World Bank Publications. p. 7. ISBN 978-0-82134-002-8. Retrieved 26 November 2022.

[Annual_Report-2] "Annual Report 2023" (PDF). cse.lk. Hatton National Bank PLC. Retrieved 3 March 2024.

[3] Warushamana, Gamini (5 March 2012). "Trust and service excellence, the driving force of Browns". Sunday Observer. Retrieved 3 March 2024.

[4] Wijesundera, D. (1996). "Small and Micro Enterprise in Sri Lanka: Bringing the Bankers to the People". Development in Practice. 6 (2): 151. ISSN 0961-4524. Retrieved 3 March 2024.

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Summary

History edit

See also edit

References edit

External links edit