HNB FINANCE introduces e-signature model with Docusign

Leading integrated financial services provider HNB FINANCE PLC announced its pioneering initiative to enable digital signatures for customers to encourage paperless transactions in its day-to-day operations, through its partnership with ‘Bridge Advisory & Consulting’ and ‘DocuSign’.

Already, the company has implemented the model for internal operations, and will soon enable customers to use this modern facility to use e-signatures, instead of conventional written signatures.

“The implementation of the virtual signature model is a definitive step towards HNB FINANCE’s digital journey. It also goes in line with our sustainable business model, achieving a significant reduction in our carbon footprint by eliminating paper use, and maintaining safe distancing to support social distancing measures to combat the ongoing pandemic situation,” commented HNB FINANCE Managing Director/CEO Chaminda Prabhath.

While the e-signature model is prominently used by banks, this is a first to be introduced to customers of finance companies, and enables HNB FINANCE to pioneer its digital transformation journey by setting the benchmark within the Sri Lankan NBFI sector.

DocuSign helps organizations connect and automate how they prepare, sign, act on, and manage agreements. As part of the DocuSign Agreement Cloud, DocuSign offers eSignature, the world’s number-one way to sign electronically on practically any device, from almost anywhere, at any time. Today, over a million customers and more than a billion users in over 180 countries use the DocuSign Agreement Cloud to accelerate the process of doing business and to simplify people’s lives.

HNB FINANCE PLC was established in the year 2000 and is licensed as a registered Finance Company by the Monetary Board of the Central Bank of Sri Lanka. The company holds a National Long-term Rating at ‘A(lka)’; as affirmed by Fitch Ratings. Maintaining an extensive island-wide presence across 70 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, savings and fixed deposits facilities.