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Sri Lanka : HNB signs up for Rs 8 5 bn in long-term funding facilities with Hayleys

Fri, Dec 18, 2020, 01:30 pm SL Time, ColomboPage News Desk, Sri Lanka. Dec 18, Colombo: Partnering one of the nation’s largest conglomerates, Sri Lanka’s most innovative bank, HNB PLC yesterday announced the commencement of multiple long-term finance facilities totaling Rs. 8.5 billion for Hayleys PLC and the group subsidiaries. The agreement was facilitated by HNB’S Corporate Banking Division, which is a key vertical within the bank’s Wholesale Banking Group (WBG). Presently, the WBG manages the banking needs of the bulk of the largest blue-chip corporates and conglomerates in the country. The signing ceremony was attended by Hayleys PLC Group Executive Director Sarath Ganegoda, Hayleys Group Chief Financial Officer Choliya De Silva, Head of Group Treasury Malin Fernando, together with HNB Deputy General Manager Wholesale Banking Group Damith Pallewatte, HNB Assistant General Manager Corporate Banking Majella Rodrigo, HNB Senior Manager Corporate Banking Manojith Weera

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