HNB receives Euromoney’s recognition as SL’s Best Bank for Large Corporates

Senior Vice President/Head of Corporate Banking Manojith Weerasuriya and Senior Vice President/Head of Wholesale Banking Majella Rodrigo with Euromoney Global Head of Accreditation Research Ben Naylor 

HNB PLC has been recognised as the Best Bank for Large Corporates in Sri Lanka at Euromoney Awards for Excellence 2025, reaffirming the bank’s position as a trusted financial partner to the country’s largest businesses and most ambitious institutions.

This recognition reflects HNB’s continued growth in corporate banking, with strong results across transaction banking, project finance, trade services and cross-border lending. It follows the bank’s 2024 wins for Best Bank in Sri Lanka and Best Bank for SMEs, marking its leadership across all segments.

HNB Managing Director /CEO Damith Pallewatte said, “This award speaks to the strength of the partnerships we’ve built and the clarity of purpose with which we’ve served Sri Lanka’s corporate sector. Over the past year, we focused on delivering sustainable growth, deepening client engagement and expanding regionally—without compromising the risk discipline that underpins our success. That balance is what allows us to keep moving forward with confidence.”

HNB Chief Operating Officer Sanjay Wijemanne added, “Our corporate banking franchise continues to scale, with strong execution across lending, deposits and trade. We’ve also embedded digital infrastructure like HNB TxB at the heart of our service model, enabling clients to manage complex financial operations with greater speed and control. As always, our priority is to be a practical, responsive partner in progress to every business we serve.”

In 2024, HNB’s Corporate Banking Division delivered significant loan book growth, improved asset quality and increased Stage 3 provision coverage. The Division also recorded its highest CASA growth in a decade.

HNB retained its position as a market leader in trade finance, supported by a network of 900+ global correspondent banks and a specialised team of Certified Documentary Credit Specialists. The bank also grew its international footprint through lending relationships in India, East Africa and the Middle East, while its digital transaction platform HNB TxB processed more than Rs.1 trillion worth of transactions in 2024 and now serves over 6000+ business clients.