HNB FINANCE clinches Bronze at TAGS Awards 2023

HNB Finance PLC secured a Bronze award in the Non-Bank Financial Institutions (Total Group Asset Above LKR 20 Bn) category, at the TAGS Awards 2023. From left: Sulakshana Ekanayake – Assistant Manager – MIS/Analysis & Budgeting, Chamila Udayanga – Manager – Financial Reporting, Jayalal Bandara – Manager – Financial Reporting, Thushara Jayasekara – Senior Manager/Head of Corporate Planning & Analytics, Palitha Abeysekera- DGM/Chief Financial Officer, Maduranga Heenkenda – Deputy Chief Executive Officer, Mahadevan Suthakar – DGM/Chief Risk Officer, Sameera Chandranath Gunasekara – Assistant General Manager – Finance, Lahiru Malinga – Senior Manager – Planning & Analytics, Tharushi Edirisooriya – Assistant Manager – Strategy Implementation & Reporting, Dinesh Kumara – Senior Manager – Payments, Asanka Sanjeewa – Manager – Financial Reporting and Udara Gunasinghe – Chief Manager/Head of Corporate Marcom

The TAGS Awards Committee of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) proudly announced HNB FINANCE PLC as the Bronze award winner in the Non-Bank Financial Institutions (Total Group Assets Above LKR 20 Bn) category at the prestigious TAGS Awards 2023, marking the company’s second consecutive win at the grandeur event, held at the Shangri-La Hotel, Colombo, on December 12, 2023.

The TAGS Awards, organized by CA Sri Lanka, are a testament to excellence in financial reporting and corporate transparency. HNB FINANCE’s annual report ‘Perseverance… Pragmatism… Positivity…’ stood out among its peers, demonstrating outstanding achievements in the Non-Bank Financial Institutions category.

The TAGS Awards Committee commends HNB FINANCE PLC for its commitment to financial reporting standards and transparency, contributing to the elevation of industry benchmarks. The accolade recognizes the company’s dedication to excellence and its role as a standard-bearer in the sector.

HNB FINANCE PLC Managing Director and CEO Chaminda Prabhath said: “This win is a testament to our company’s relentless efforts in maintaining and ensuring transparency and corporate etiquette in annual reporting. This is also a reflection of our overall work ethic, acknowledging our commitment and adherence to industry standards. I would like to thank the TAGS Awards committee as well as CA Sri Lanka for this recognition, and I would also like to thank our team for their efforts that gave way to this achievement.”

The Annual Report Awards Competition, which commands a prestigious legacy spanning over 57 years, was reconceptualised and rebranded as TAGS Awards in 2022. CA Sri Lanka’s ultimate objective through the reconceptualization is to continue to provide a contemporary competition to honour companies ranging from multinationals to conglomerates, as well as small and medium enterprises for promoting the core concepts in both financial and non-financial reporting aspects.

About HNB FINANCE PLC

HNB Finance PLC was established in the year 2000 and is licensed by the Central Bank of Sri Lanka in terms of the Finance Business Act No.42 of 2011. Maintaining an extensive island-wide presence across 79 branches, HNB Finance offers a range of exceptional financial services which include Small and Medium Enterprise (SME) Loans as well as leasing, gold loans, housing loans, personal loans, real estate and property loans and savings and fixed deposits facilities. In addition to being ranked among Sri Lanka’s Top 100 most valuable brands by Brand Finance, HNB Finance also holds a National Long-term Rating of ‘BBB+(lka)’ with a Stable outlook; as affirmed by Fitch Ratings.