HNB wins 'Bank of the Year' award

HNB was recognised as the 'Bank of the Year in Sri Lanka' by the 'The Banker' magazine for the second consecutive time.

HNB, Managing Director and CEO Jonathan Alles with Asia Editor of 'The Banker', Ms Jane Cooper (left) and former BBC journalist Michael Buerk, the host of the awards ceremony (right).

The Bank of the Year Awards is an annual event and this year the Bracken Award was received by Managing Director and CEO Jonathan Alles at a ceremony in London recently.

"We are delighted to be recognised as the 'Bank of the Year in Sri Lanka 2013' by the 'The Banker' magazine. The key elements of our success have been our continuous strive for improvement, sound business strategies and prudent risk management approach," said Alles.

"During the past year HNB has effectively leveraged on technology to support business in terms of efficiency, centralisation and analytics. The array of product initiatives during the year, especially in the arena of electronic and mobile banking has augmented the distribution network of 250 customer centres. We will continue to focus on these delivery channels for growth, to realise cost efficiencies," he said.

"HNB has strengthened its brand image as a 'safe and sound' bank and despite sluggish market conditions during the year, we have outperformed the market through our alignment to the national vision and through strong management abilities.

"I believe that this is a tribute to the dedication and commitment demonstrated by the entire HNB team," Alles said.

Banker Awards are adjudged by The Banker's editorial team.

Asia Editor of 'The Banker', Jane Cooper said that Hatton National Bank has continued to perform well and has pushed ahead with its strategy.