Hatton National Bank PLC (Colombo Stock Exchange: HNB.N0000)


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Business Description
Hatton National Bank PLC is a Sri Lanka-based commercial bank. The Company operates through five segments: Banking, Leasing, Dealing, Property and Insurance. The Bank has continued to spread expertise throughout its core banking activities. It is further divided into verticals: retail, corporate, small and mid-size enterprises (SME), development banking and micro banking segments. The Leasing segment offers private motor vehicle leases, and commercial and machinery leases at attractive interest rates, and instalment plans for personal and commercial use. The Dealing segment involves activities such as stock broking, securities dealing, remittances, investment banking, venture capital businesses and foreign currency related services. The Property and insurance segment represents the operating results and financial position of the subsidiaries, Sithma Development (Pvt) Ltd and HNB Assurance PLC respectively.