- Ranked in Top 10 Best Integrated Annual Reports
Sri Lanka’s leading private sector commercial bank, HNB, once again delivered a remarkable performance at the recently concluded Excellence in Integrated Reporting Awards 2019, having being ranked among the Ten Best Integrated Reports for 2019.
Organised by the Institute of Certified Management Accountants of Sri Lanka (CMA), the awards featured participation from a wide variety of listed and unlisted companies including State-owned enterprises and small and medium enterprises (SME).
“HNB’s performance at the CMA Integrated Reporting Awards 2019 is representative of the total commitment with which we approach our responsibility to transparently and accurately report on the bank’s performance to our valued stakeholders. While a significant amount of resources and efforts is required to maintain these standards, such a relationship is fundamental to maintaining the highest standards of corporate governance. Moving forward the bank will continue to further refine its reporting protocols in order to maintain and enhance the quality engagement in order to ensure accountability at all times,” HNB Chief Financial Officer, Anusha Gallage said.
Over the past year, the Bank has received continuous praise for its pioneering initiatives across the entire spectrum of its operations. Notably, over the recent past, HNB was also adjudged ‘Best Managed Bank in Sri Lanka’ by the prestigious Asian Banker Magazine while the Bank’s Managing Director/CEO, Jonathan Alles was also conferred with Asian Banker ‘CEO Leadership Achievement’ award – both of which are only given out every three years.
Similarly, HNB was also declared ‘Sri Lanka’s Best Bank’ for 2019 by Euromoney Magazine for the third time, in addition to being ranked among Sri Lankan banks in its ranking among the Global Top 1000 Banks by the prestigious UK-based, Banker magazine, further strengthening its status as Sri Lanka’s pre-eminent private sector bank. HNB’s remarkable track record of excellence secured it a first place ranking ahead of all Sri Lankan banks included in the LMD Top 100 Club – a position which was evaluated based on its performance over the past 25 years.
Operating through 251 customer centres across the country, HNB is one of Sri Lanka’s largest and most innovative banks, having won recognition from numerous international and local institutions for its achievement of excellence in diverse fields. HNB was also the first Sri Lankan bank to obtain an international credit rating and was assigned a foreign currency issuer rating of B1 on par with the sovereign rating by Moody’s Investors Service, while it has a national long term rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.