Business
HNB signs up for Rs 8.5bn long term funding facilities with Hayleys PLC
HNB PLC announced the commencement of multiple long-term finance facilities totaling Rs. 8.5 billion for Hayleys PLC and the Group subsidiaries.
The agreement was facilitated by HNB’s Corporate Banking Division, which is a key vertical within the Banks Wholesale Banking Group (WBG). Presently, the WBG manages the banking needs of bulk of the largest blue chip Corporates & Conglomerates in the country.
HNB’s Wholesale Banking Group specializes in providing clients a range of products and services tailored to address long term funding, working capital financing, trade, FX and structured finance requests through collaboration with other Wholesale Banking divisions such as the Banks Payments & Cash Management, Custody & Trustee, Treasury and Trade Services divisions.