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Hnb Finance Limited (Sri Lanka)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Full name: Hnb Finance Limited Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company was founded in the year 2000 and is licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011, and sustains the National Long-term rating at ‘ A(lka) Stable'; as affirmed by Fitch Ratings.
The Company is listed on Colombo stock exchange on 8th January 2020.
The company pioneered commercial based microfinance in Sri Lanka, charting a new course for the enterprising but inclusive small scale entrepreneurs of Sri Lanka, and is internationally acclaimed for its contribution to the microfinance industry.
HNB Finance PLC amalgamated with its subsidiary, Prime Finance PLC on 12 May 2022. As a result, the Group ceased to be effective with effectfrom 12 May 2022. ConsolidatedStatement of Profit or Loss and Other Comprehensive Income, Consolidated Statement of Changes in Equity and Consolidated Statement of Cash Flows for the year ended 31 March 2023 includes cumulative financial results of the Company for the period from 1 April 2022 to 31 March 2023 and that of Prime Finance PLC for the period from 1 April 2022 up to 12 May 2022 (i.e, the date of amalgamation).

Headquarters
No. 168, Nawala Road, Nugegoda
Colombo; Western Province;

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Website: http://www.hnbfinance.lk

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1999
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Subsidiaries
Prime Finance Plc
97.76%
Company Performance
Financial values in the chart are available after Hnb Finance Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net interest income
25.93%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Net Interest Income Trend
13.52%

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