Sri Lanka’s leading private sector bank, HNB PLC, continued to showcase its trail-blazing market leadership in international trade services after being declared Sri Lanka’s ‘Best Service in Trade Finance (Asia Banks)’ and ‘Market Leader in Trade Finance (Asia Banks)’ for 2023 by the Asiamoney Magazine.

 

The recognition follows on the heels of the Bank’s recognition at the Euromoney Awards 2023, where HNB bagged the ‘Best Service in Trade Finance’ and ‘Market Leader in Trade Finance’ Awards.

 

“At a time when our nation is vying to resuscitate itself from the economic crisis, these prestigious back-to-back accolades from Euromoney and Asiamoney endorse our international trade services teams’ strong commitment to support the country’s trade business.

 

Moving forward, we are firmly dedicated to an unwavering delivery of best-in-class trade finance services and facilitating growth opportunities for Sri Lankan enterprises in order to help revitalise the national economy,” HNB Head of Trade, Rozanne De Almeida said.

 

Notably, this year marks the fourth time that HNB has won awards for Trade finance from both magazines, making it the first home-grown Sri Lankan Bank to achieve a dominant leadership position in international trade services.

 

“We are delighted with this double affirmation by Euromoney and Asiamoney of HNB’s ability to innovate and deliver service excellence in our Trade Finance business. This recognition further prompts us to strive all the more strongly to continuously elevate our solutions and service levels by leveraging on our people, technology, processes and data to enable transformative growth at every level of the Sri Lankan economy.” HNB Deputy General Manager –Wholesale Banking Group, Damith Pallewatte said.

 

Organised to showcase excellence among leading banks in the Asia Pacific region, this year’s awards were presented following stringent financial performance evaluation, strategic business models, and customer and competitor feedback.

 

With 256 customer centres, 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 4 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 Global Excellence in Retail Financial Services Awards 2023 hosted by the Asian Banker Magazine.