HNB Finance

What HNB Finance does

HNB Finance PLC is a Sri Lankan non-bank financial institution (NBFI) incorporated in 2005 as a wholly-owned subsidiary of Hatton National Bank PLC, one of Sri Lanka's largest private commercial banks. The company operates under the regulatory oversight of the Central Bank of Sri Lanka and holds a Fitch 'A(lka)' long-term deposit rating. HNB Finance delivers a diversified retail and small-business financial product suite through an island-wide network of 76 branches and a 1,500-strong direct sales force that provides doorstep service across Sri Lanka. Its product portfolio spans leasing (General Leasing, Auto Loans), deposits (Fixed Deposits and multiple savings variants including Miyulasi Women's Savings and Yalu Children's Savings), lending (Relax personal loans, Nivahana housing loans, Saviya and Easy business loans, micro loans, cooperative society loans, and gold-backed loans), supply chain financing, and MoneyGram-based international remittance.

The business model is primarily spread-based: HNB Finance accepts customer deposits at competitive rates (with a 0.5% senior-citizen uplift on fixed deposits) and lends across multiple secured and unsecured product lines, earning the difference between lending and deposit rates plus transaction fees. Product pricing is not publicly disclosed and is set at branch or inquiry level; loan tiers span micro loans (Rs. 100,000 minimum) up to Rs. 20 million SME mortgage-backed facilities. GTM is omnichannel: the 76-branch network and field sales force serve as the primary acquisition and servicing channels, supplemented by a call centre (011 202 4848), an online banking portal, a website with loan-calculator/online inquiry, and mobile payment integrations (eZ cash, mCash) for repayments. Distribution is augmented by strategic co-marketing partnerships, notably the January 2026 EV financing alliance with Hayleys Mobility Limited.

The technology stack is conventional NBFI infrastructure with no proprietary platform, AI/ML capability, or developer-facing API documented in the source materials. Recent financial performance is strong: nine-month PAT of Rs. 1.15 billion was up 152% year-over-year, PBT rose 209%, assets expanded 46%, and deposits grew 45%, indicating an active balance-sheet scaling phase funded through deposit mobilization rather than wholesale or capital markets issuance. The customer base is mass-market retail and SME, with no disclosed enterprise anchor accounts, and segment reach is deliberately broad across SMEs, salaried individuals, women, and minors.

Name

HNB Finance

Legal name

HNB Finance PLC

Website

https://hnbfinance.lk

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

HNB Finance PLC is a Sri Lankan non-bank financial institution and subsidiary of Hatton National Bank PLC, offering leasing, deposits, personal and SME loans, gold loans, and remittance services through 76 branches and a 1,500-strong sales force to retail and small-business customers across Sri Lanka.

Ownership category

akta.pro rank

Product category

Non-Bank Financial Services (Consumer & SME Finance)

NAICS

Nondepository Credit Intermediation (5222), Sales Financing (52222), Depository Credit Intermediation (5221)

SIC

Miscellaneous Business Credit Institution (6159), Finance Services (6199)

akta.pro primary industry

Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)

akta.pro secondary industry

B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

Keywords

• SME lending
• Leasing services
• Personal loans
• Fixed deposits
• Savings accounts

Headquarters

HQ city

Nugegoda

HQ country

Sri Lanka

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Leasing Income: HNB Finance earns interest and fees from vehicle and equipment leasing products including General Leasing and Auto Loans offered to individuals and businesses.
2. Loan Interest Income: Interest income from various loan products including personal loans (Relax), business loans (Saviya, Easy Loans), micro loans, housing loans (Nivahana), and gold loans.
3. Deposit Taking and Interest Spread: HNB Finance accepts deposits (fixed deposits, savings accounts) and earns the spread between lending rates and deposit rates.
4. Profit After Tax: The company reported nine-month PAT of Rs. 1.15 billion, up 152% YoY, with PBT rising 209% and assets growing 46%, indicating strong profitability from its core lending and deposit-taking operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

HNB Finance PLC is a licensed Sri Lankan non-bank financial institution (subsidiary of Hatton National Bank PLC) that provides a diversified portfolio of financial products including vehicle and equipment leasing (General Leasing, Auto Loans), fixed deposits, savings accounts (General, Yalu Children's, Miyulasi Women's, Power Saver, Waasi Seettuwa), personal loans (Relax), housing loans (Nivahana), SME/business loans (Easy Loans, Saviya, Supply Chain Financing), micro loans, gold-backed loans, cooperative society loans, and MoneyGram international money remittance. The company distributes these products through a 76-branch island-wide network, a 1,500-strong sales force providing doorstep services, an online banking portal, a call centre, and strategic channel partnerships.

Product overview

HNB Finance PLC is a Sri Lankan non-bank financial institution and subsidiary of Hatton National Bank PLC, offering a broad portfolio of financial products and services through an island-wide network of 76 branches and a 1,500-strong sales force. The product portfolio spans five core categories: (1) Leasing — General Leasing and Auto Loans for vehicle and equipment financing; (2) Deposits — Fixed Deposits and multiple Savings accounts (General Savings, Miyulasi Women's Savings, Yalu Children's Savings, Power Saver, Waasi Seettuwa); (3) Lending — Personal Loans (Relax), Housing Loans (Nivahana), Business Loans (Easy Loans, Saviya), Micro Loans, Housing Financial Solutions, Co-operative Society Loans, and Gold Loans; (4) Trade Finance — Supply Chain Financing and Gold Loans/Gold Plan; and (5) Remittance — MoneyGram international money transfer. The company also provides digital access through an Online Banking portal. The overall offering functions as a full-service financial product suite rather than a unified software platform, with no API, AI/ML, or developer-facing integrations identified.

Differentiator

Problem solved

Functional benefit

Products and services

• General Leasing Vehicle and equipment leasing facility for individuals and businesses, offering flexible repayment terms across HNB Finance's island-wide branch network.
• Auto Loan Vehicle purchase financing offered through the leasing product line, available to individuals and businesses.
• Fixed Deposits Term deposit accounts offering competitive interest rates with tenures of 12, 24, and 60 months, with options for monthly or annual interest payouts and senior citizen premium of 0.5%.
• General Savings Account Savings account with competitive interest rates credited monthly on the daily balance, accessible via any HNB Finance branch or HNB ATM, with free standing order facilities and a minimum balance requirement of LKR 250.
• Yalu – Children's Savings Children's savings account designed for minors below 18 years, opened by a parent or legal guardian, with gift packages and incentives as the child grows.
• Miyulasi – Women's Savings Savings account tailored specifically for women, offering higher interest rates and savings incentives to promote financial inclusion.
• Power Saver Savings account product with competitive interest rates, designed to encourage regular savings behavior toward specific financial goals.
• Waasi Seettuwa Savings account product with periodic contribution features, designed to encourage regular savings behavior through structured deposits.
• Relax – Personal Loans Personal loan facility for salaried employees and individuals, covering education, family expenses, travel, weddings, vehicle purchases, and debt consolidation. Loans up to LKR 12 million against property, LKR 75,000–3 million with guarantors, ages 24-50, maximum repayment period of 5 years, subject to CRIB checks.
• Nivahana – Housing Loans Housing loan facility for purchasing, constructing, or renovating homes. Loans up to LKR 10 million against immovable property, with a maximum repayment period of 10 years.
• Easy Loans Small business loan for SSE (Small-Scale Entrepreneur) customers holding current accounts with commercial banks. Loans from LKR 100,000 to LKR 10 million, requiring two guarantors or collateral, with repayments up to 2 years (weekly or monthly) and compulsory savings of 5–10% of loan amount.
• Saviya – SME Loans SME loan facility for entrepreneurs to develop and expand their business. Loans up to LKR 20 million against mortgage of immovable property, maximum repayment period of 5 years, with doorstep document collection service.
• Micro Loans Small-scale microfinance loans targeting micro and small entrepreneurs, enabling access to credit for underserved segments.
• Housing Financial Solutions Comprehensive housing finance product covering multiple housing-related financing needs including construction, purchase, and renovation.
• Co-operative Society Loans Loan facility specifically designed for co-operative societies, providing financial support for collective organizational needs.
• Gold Loans Gold-backed loan facility where customers pledge gold jewellery (18-24 carat) as collateral to obtain quick short-term financing, with flexible repayment periods and free insurance on pledged gold.
• Gold Plan Gold loan variant offering tailored terms and structured repayment options for gold-backed financing.
• Supply Chain Financing Supply chain finance facility that maximizes customers' cash flow by allowing early payment to suppliers, benefiting both buyers and suppliers with up to 120 days repayment period.
• Money Remittance (MoneyGram) International money transfer service enabling customers to send and receive funds globally, operated in partnership with MoneyGram.
• Online Banking Internet banking platform enabling customers to access their HNB Finance accounts and conduct transactions online.

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

One partnership is on record.

• Hayleys Mobility LimitedcoreStrategic or Co-development Partner · 26 January 2026HNB Finance and Hayleys Mobility Limited formed a strategic partnership on January 26, 2026 in Colombo to support Sri Lanka's electric vehicle market. The collaboration offers preferential leasing rates on Regular Leasing and FlexGo Leasing products for EVs, leveraging HNB Finance's 76-branch island-wide network and 1,500-strong sales force. Benefits include complimentary vehicle registration, three free labour services, and a seven-kilowatt home charger to drive wider adoption of electric mobility in Sri Lanka.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Nations Trust Bank PLC: Sri Lankan licensed commercial bank with personal/SME lending, leasing partners, and deposit products that compete with HNB Finance across retail and SME segments.
• Hatton National Bank PLC: Parent commercial bank and one of Sri Lanka's largest private banks; offers a full banking suite plus its own NBFI-like products, providing both brand backing and partial competitive overlap with HNB Finance.
• DFCC Bank PLC: Sri Lankan development and commercial bank with strong SME and mid-market lending presence that competes with HNB Finance's Saviya and business-loan products.

Direct peers

• Senkadagala Finance PLC: Sri Lankan NBFI operating in leasing, hire-purchase, deposits, and SME lending with a similar branch-based distribution model and customer base.
• Vallibel Finance PLC: Sri Lankan licensed finance company providing leasing, fixed deposits, gold loans, and personal/business loans — overlapping mid-market NBFI positioning to HNB Finance.
• Softlogic Finance PLC: Sri Lankan NBFI offering leasing, savings, fixed deposits, and personal/gold loans — comparable product suite and branch-led distribution in the same Sri Lankan market.
• People's Leasing & Finance PLC: Sri Lankan NBFI offering leasing, fixed deposits, savings, gold loans, and personal/SME lending — directly comparable product set, branch-based distribution, and customer segments to HNB Finance.
• Central Finance PLC: One of Sri Lanka's largest licensed finance companies with an overlapping leasing, hire-purchase, deposits, and SME loan portfolio — the closest direct NBFI peer to HNB Finance in scale and product breadth.
• LOLC Finance PLC: Sri Lankan NBFI providing leasing, microfinance, SME loans, and savings — overlaps with HNB Finance across SME, leasing, and micro-lending segments with a similar branch-led model.
• Commercial Credit & Finance PLC: Sri Lankan licensed finance company offering fixed deposits, savings, leasing, and personal/housing/gold loans — directly comparable NBFI product suite and customer segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hnbfinance
• LinkedInlinkedin.com/company/hnb-finance

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HNB Finance