Asian Banker recognises HNB as the ‘Best Managed Bank during COVID 19 in Sri Lanka
Hatton National Bank was recently recognised as the ‘ Best Managed Bank During COVID- 19 in Sri Lanka’ by the prestigious Asian Banker Magazine, while the Bank’s Managing Director and CEO Jonathan Alles, was awarded the Leadership Achievement Award for having delivered the Best CEO response to the COVID-19 pandemic in Sri Lanka.
“I am indebted to my staff for their sacrifices and tremendous dedication in ensuring smooth continuity of business at such a critical moment when our customers needed us the most. Our strategy during this time was focused on providing essential support to those who were most severely impacted by the COVID crisis, while extending our assistance to all customers to rapidly transition into digital banking channels”.
“We are proud to say that these efforts have been very successful. As a nation, we still have a tough road ahead, but we remain optimistic that if we continue to work together, we can overcome any challenge and support a grassroots recovery in key sectors of the national economy,” Alles stated.
HNB stepped up to provide essential relief to over 85,000 customers, covering approximately 40% of the bank’s lending portfolio, through moratoriums and has thus far approved working capital financing of approx. Rs 24 billion under the Central Bank relief schemes.
The Bank also setup a Rs 5 billion fund to support the SME customers who were not eligible under the CBSL schemes.
This scheme was launched utilizing bank’s own funds.