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HNB ranked among Top 1,000 World Banks 2021 once again


Sri Lanka’s largest retail bank, HNB PLC, achieved another important milestone in its transformation journey, after once again securing its ranking in the prestigious UK- based The Banker Magazine’s Top 1,000 World Banks for the fifth consecutive year.
The magazine is the world’s premier banking and finance resource, providing global financial intelligence since 1926. The Banker’s Top 1000 World Banks ranking has set industry benchmarks since 1970, providing comprehensive intelligence about the health and wealth of the banking sector.
“Over the past year, global and local economic networks have been challenged with unprecedented intensity. In an environment of crisis and constrained economic activity, the impetus for strategic responses that support customers while leveraging technology to deliver banking products and services in new, innovative and – above all – efficient – ways has grown even greater. ....

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158% increase in volume of transactions across digital payment channels


Decisive shift in preference for contactless and cashless payment solutions
Over 250 enterprises successfully digitalized processes after the onset of the pandemic
Resistance to cashless transactions has rapidly given way to enthusiastic usage as an unprecedented number of Sri Lankans are switching to digital banking channels, according to HNB Head of Cards, Gauthami Niranjan.
Compared with 2020, the volume of transactions on digital channels grew by a remarkable 158% Year-on-Year (YoY) in 2021, while the value of digital transactions increased by a corresponding 153% YoY.
“Given that HNB had already captured the lion’s share of the market in digital merchant acquisition even before the pandemic, we leveraged these experiences to ensure that even businesses which were initially unsure of digital payments were able to seamlessly adapt and integrate these technologies into their total business model. The results of these efforts are compelling as reflected in the ....

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