Business
HNB- Span Engineering partner to home loans promotion
Sri Lanka’s leading private sector bank, HNB PLC, announced an exclusive partnership with renowned property developer Span Engineering (Pvt) Ltd to offer prospective homebuyers special interest rates and exciting benefits for home loans.
The partnership will offer customers the best rates and customized payment plans to provide prospective homeowners with unique home loans for purchase of apartments at all new and existing Span projects including Span Tower 27 – Moratuwa, Span Tower 28 – Negombo, Span Tower 29 – Rajagiriya and Span Tower 30 – Pereira Lane. HNB Deputy General Manager- SME and Retail Banking, Sanjay Wijemanne and Span Engineering Chairman, Sivasubramaniyam Sanjeevan participated in the ceremony held at HNB Towers to sign the MOU.
As the demand for real estate, especially those for apartments have only increased in the past year despite the obstacles faced by the construction industry in the face of the pandemic, we worked towards providing unique investment opportunities in this sector for our customers. As such we are delighted to be working with Span Engineering in creating this unique opportunity for prospective homeowners to invest in a home of their dreams,” HNB Head of Personal Financial Services Kanchana Karunagama said.
HNB will offer customer making use of promotion with flexible repayment options, Step-up facility, Grace period and residual option which ensures a repayment option in line with the customers increasing income. Prospective homeowners can customise repayment plans to suit their income pattern.
Customers can also obtain a maximum repayment period of 25 years for the loan facility for an attractive interest payment, in addition to a seamless loan approval process supported by its state-of-the-art backend systems.
“We have experienced an increase in demand for apartments over the past few years which has resulted in four new projects under our banner Span Towers. The partnership with HNB will offer our customers a unique opportunity to invest in a home of their dreams on their terms. As such we look forward to working with the bank during this promotional period to off prospective home owners access to affordable housing facilities,” Span Engineering Chairman, Sivasubramaniyam Sanjeevan said.
Span Engineering has successfully completed twenty-one quintessential condominium projects making it one of the best housing opportunities within Colombo. The company has now expanded to develop projects in Wellawatte, Negombo, Moratuwa and Nuwara Eliya catering to the high demand from local and foreign homeowners.
Further information regarding the offer can be obtained from HNB customer Centre’s on 011-2462462 and Span Engineering on 0773 686 000.
With 256 customer centres across the country, HNB is one of Sri Lanka’s largest, most technologically innovative banks, having won local and global recognition for its efforts to drive forward a new paradigm in digital banking. Consolidating its reputation for banking excellence, HNB bagged the Best Retail Bank and Best SME Bank awards in the Banking category at the International Finance Awards 2021. The bank was also ranked among the World Top 1,000 Banks list compiled by the prestigious UK-based Banker Magazine for five consecutive years. HNB was also declared Best Sub-Custodian Bank in Sri Lanka at the Global Finance Awards 2020. HNB has a national rating of AA- (lka) by Fitch Ratings (Lanka) Ltd.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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