HNB reports dip in net interest income amid falling rates
- ByInvesting.com
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Hatton National Bank PLC, together with its subsidiaries, provides various banking and related services in Sri Lanka and internationally. It operates through eight segments: Corporate, Retail, SME, Micro, Treasury, Insurance, NBFI, and Real Estate. The company offers savings and current accounts; fixed deposits; remittances; custodian and trustee services; payments and cash management services; and treasury products. It also provides working capital, trade finance, project finance, leasing, pawning, structured finance, transaction advisory, stock brokering, wealth management, and venture capital services. In addition, the company offers term, micro finance, business, agriculture, personal, and housing loans; cards; digital payment, e-commerce, and ERP solutions; equity partners; entrepreneur capacity development programmes; spot transaction, SWAP transaction, and repos and reverse repo services; commercial papers; treasury bonds and bills; and investment, private, digital, and Islamic banking services. Further, it provides protection, savings, health, retirement, mortgage protection, takaful, motor, medical, fire, travel, marine, liability, and cargo insurance products; and commercial real estate rental and premises management services, as well as deals in GOSL securities. Hatton National Bank PLC was founded in 1888 and is headquartered in Colombo, Sri Lanka.