Hatton National Bank Explained

Hatton National Bank PLC
Type:Public
Industry:Financial services
Hq Location City:Colombo
Hq Location Country:Sri Lanka
Num Locations:254 branches (799 ATMs)
Num Locations Year:2023
Revenue: LKR336.638 billion
Revenue Year:2023
Operating Income: LKR149.5 billion
Income Year:2023
Net Income: LKR23.606 billion
Net Income Year:2023
Assets: LKR2.047 trillion
Assets Year:2023
Equity: LKR219.557 billion
Equity Year:2023
Num Employees: 8,989
Num Employees Year:2023
Footnotes:[1]

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.[2]

History

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]

See also

External links

Notes and References

  1. Web site: Annual Report 2023 . cse.lk . Hatton National Bank PLC . 3 March 2024.
  2. Book: Randhawa . Bikki K. . Sacay . Orlando J. . Gallardo . Joselito S. . A Commercial Bank's Microfinance Program: The Case of Hatton National Bank in Sri Lanka, Parts 63-369 . 1997 . . 978-0-82134-002-8 . 7 . 26 November 2022.
  3. News: Warushamana . Gamini . Trust and service excellence, the driving force of Browns . 3 March 2024 . . 5 March 2012.
  4. Wijesundera . D. . Small and Micro Enterprise in Sri Lanka: Bringing the Bankers to the People . Development in Practice . 1996 . 6 . 2 . 151 . 3 March 2024 . 0961-4524.