Business
HNB and ICC collaborate to offer tailored home financing
Reiterating its efforts to bring the best possible deals to customers investing in their dream home, Sri Lanka’s leading private sector bank, HNB PLC, entered into a Memorandum of Understanding (MoU) with the International Construction Consortium (PVT) Ltd (ICC), to offer exclusive financial solutions to prospective homeowners of the developer’s latest project,’ The Residencies Kotte’, located in the capital city of Sri Lanka.
The agreement was signed at a special ceremony at ICC Head Office, with the participation of HNB AGM -Personal Financial Services, Kanchana Karunagama, and ICC Managing Director/Chief Executive Officer, Namal Peiris, alongside additional representatives from both companies. The partnership will provide customers with the value proposition best suited to their needs, for their home investment.
Commenting on the partnership, HNB AGM – PFS, Kanchana Karunagama said: “We are proud to extend our commitment to empowering homeownership together with the ICC, through helping aspiring homeowners tackle the housing landscape with tailored financial solutions. In tandem with ICC’s expertise in construction, we’re dedicated to making the journey to homeownership seamless and fulfilling.”
Through this partnership, customers can avail themselves to special interest rates and other benefits from HNB, as well as convenient and flexible repayment options tailor-made to their budgets, during the promotional period which ends December 31, 2024. To provide maximum support, the bank’s dedicated agents also support customers with legal documentation needed for the facility. Moreover, HNB’s backend processes ensure a speedy loan approval process.
“Our latest project in Kotte is located in a prime area, just minutes from the Monarch Imperial Hotel. We are making steady progress with Tower A, while we just completed the super structure for Tower B. At this rate, I believe that our collaboration with HNB ensures a seamless path for customers looking to own their dream home,” commented ICC.
With over 40 years of experience in the construction industry, the International Construction Consortium (PVT) Ltd is the most innovative and progressive Civil Engineering organizations in Sri Lanka. The Consortium has completed several condominium projects such as Mount Clifford Homagama, Nivasie Malabe and Oceanfront Condos in Galle & Nilaveli.
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.”
