HNB
HNB recognized as Sri Lanka’s Best Bank for Large Corporates by Euromoney
HNB PLC, Sri Lanka’s leading private sector bank, has been recognised as the Best Bank for Large Corporates in Sri Lanka at the Euromoney Awards for Excellence 2025, reaffirming the Bank’s position as a trusted financial partner to the country’s largest businesses and most ambitious institutions.
This recognition reflects HNB’s continued growth in corporate banking, with strong results across transaction banking, project finance, trade services, and cross border lending. It follows the Bank’s 2024 wins for Best Bank in Sri Lanka and Best Bank for SMEs, marking its leadership across all segments.
HNB Managing Director /CEO, Damith Pallewatte said:
“This award speaks to the strength of the partnerships we’ve built and the clarity of purpose with which we’ve served Sri Lanka’s corporate sector. Over the past year, we focused on delivering sustainable growth, deepening client engagement, and expanding regionally—without compromising the risk discipline that underpins our success. That balance is what allows us to keep moving forward with confidence.”
HNB Chief Operating Officer, Sanjay Wijemanne added:
“Our corporate banking franchise continues to scale, with strong execution across lending, deposits, and trade. We’ve also embedded digital infrastructure like HNB TxB at the heart of our service model, enabling clients to manage complex financial operations with greater speed and control. As always, our priority is to be a practical, responsive partner in progress to every business we serve.”
In 2024, HNB’s Corporate Banking Division delivered significant loan book growth, improved asset quality, and increased Stage 3 provision coverage -The Division also recorded its highest CASA growth in a decade.
HNB retained its position as a market leader in trade finance, supported by a network of 900+ global correspondent banks and a specialised team of Certified Documentary Credit Specialists. The bank also grew its international footprint through lending relationships in India, East Africa, and the Middle East, while its digital transaction platform, HNB TxB, processed more than LKR1 Trillion worth of transactions in 2024 and now serves over 6000+ business clients.
HNB’s corporate offering extends their services in institutional banking, structured finance, syndicated lending, custody and trustee services, trade solutions, and treasury services, all delivered through a relationship-led coverage model supported by integrated digital infrastructure.
HNB is rated AA- (lka) by Fitch Ratings Lanka Ltd and is ranked among the “Top 1000 Banks in the World” by the prestigious UK-based The Banker Magazine, reflecting its global standing and financial resilience. Further reinforcing its position, The Bank also sustained its legacy in retail banking, being named the “Best Retail Bank in Sri Lanka” by The Asian Banker for the 15th time.
HNB was also recognized as ‘The Best Performance on Profitability in Sri Lanka” at the 3rd Emerging Asia Banking Conclave and Awards, organized by the Indian Chamber of Commerce (ICC). HNB’s accolades in 2025 also include recognition at the Euromoney Awards for Excellence, where it was named Best Bank in Sri Lank and Best SMEs Bank in Sri Lanka 2024
HNB was ranked the Number 1 Company in Sri Lanka by Business Today in its Top 40 Businesses ranking for 2023-24. HNB was recognized as one of the Top 25 Corporates at the LMD Awards which was held honouring 25 most awarded Sri Lankan Corporates.
