HNB recognised as Market Leader and Best Service bank in Trade Finance

HNB PLC, continued to showcase its market leadership in International Trade Services after being declared as the ‘Best Service in Trade Finance’ for the 3rd consecutive year by the Euromoney and Asiamoney Magazines and also as the ‘Market Leader (Asian Banks) – Sri Lanka’ for the 3rd consecutive year by the Asiamoney Magazine.

Rounding out the bank’s outstanding performance at this year’s awards, HNB was also declared ‘Market Leader in Trade Finance’ for 2019 and 2020 by Euromoney Magazine, demonstrating its unmatched superiority in consistent service excellence.

“Especially at a time of historic uncertainty that we witnessed over the past 2 years, our team was able to deliver best-in-class trade finance services to clients, which in turn provided critical support to the national economy. Particularly after the COVID-19 pandemic, these services became absolutely essential.

“We therefore express our gratitude to the entire Trade Finance team for the remarkable commitment they have continuously displayed in successfully navigating this unprecedented complexity to drive value-creating partnerships,” HNB Managing Director and CEO, Jonathan Alles stated.

Euromoney Magazine is widely recognized by the world’s leading corporates, bankers, brokers, investors, regulators and policy makers as being among the most prestigious and globally influential financial publications, and serves as a leading authority on finance, banking, investment, and treasury.

The Euromoney Trade Finance Survey recognizes the leading providers of trade finance products and services on a global, regional and country level based on an annual survey of over 25,000 corporates, cash managers, treasurers and finance officers worldwide.

The survey is designed to give participants valuable information on the global trade finance market and the opportunity to rank trade finance providers across a selection of categories and an overall global ranking of providers as rated by their clients.