HNB PLC has partnered with the National Chamber of Exporters of Sri Lanka (NCE) to be the Exclusive Banking partner of the Sri Lanka Export Brand Exhibition organized by the NCE at the World Expo 2020 taking place in Dubai, United Arab Emirates.
The partnership is facilitated by HNB’s Corporate Banking Division, which is a key vertical within the Banks Wholesale Banking Group (WBG).
NCE Secretary General and CEO, Shiham Marikar, HNB Deputy General Manager Wholesale Banking Group, Damith Pallewatte, HNB Head of Trade and Financial Institutions, Rozanne De Almeida and HNB Trade Specialist, Hasanthi De Silva were also present at the exchange of the Partnership Agreement.
Sri Lanka is a participant at the World Expo 2020 in Dubai, which is being held from Oct 1, 2021, to Mar 31, 2022 under the Sub Theme “Opportunity”. The Sri Lanka Pavilion is branded as the “Island of Ingenuity”, highlighting the resource-rich offerings of Sri Lanka, and promoting the Country as an Export Hub, driven by Innovative Products and Services, to attract Foreign Direct Investments related to Export Oriented manufacturers.
“HNB offers some of the most advanced, streamlined and reliable Trade Finance services in Sri Lanka – from complete structuring of Trade Financing facilities, issuing of Letters of Credit and Negotiation of Export documents to issuing of Shipping Guarantees and the facilitation of Entrepôt trade business. While this is an extensive array, we always seek new ways to add value to our customers’ entire supply chain.
Our uniqueness further extends to our ability to provide solutions through our deep insights to customer requirements. This is underpinned by our reputation among leading global banks who collaborate with us to provide tailored solutions to all stakeholders in the value chain. Our 900+ correspondent banking network that includes all top tier banks in the world gives us the dynamism to be a true partner in progress in all our customers’ international trade requirements,” HNB Deputy General Manager – Wholesale Banking Group, Damith Pallewatte stated.
As a solution provider, HNB aspires to be the preferred bank for the discerning export community who brings valuable foreign exchange to the country. In alignment with Government and Central Bank initiatives to facilitate growth in export industries, HNB as a D-SIB has launched many attractive offerings to support businesses which create value, both in terms of providing financial assistance and non-financial guidance.
This strategic partnership is one of many strategic initiatives that HNB is planning to make available to deserving export customers to the benefit of the country.