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Best Retail Bank in Sri Lanka - Hatton National Bank
5 min read
The winning bank showed its resilience in its solid financial performance with its retail business contributing to almost half of total income. The bank posted a healthy return on investment (ROE) and cost of income (CIR). It also managed to increase its market share in retail loans and deposits. The bank expanded its digital footprint through its several initiatives such as the revamped payment application that recorded $2.5 million transaction value and 625,000 in transaction volume. It also launched a new mobile banking application that recorded 800,000 transaction volume with a value of $151 million. The Best Retail Bank in Sri Lanka is Hatton National Bank
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The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The global research company has offices in Singapore, Malaysia, Hong Kong, Beijing and Dubai as well as representatives in London, New York and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. Visit www.theasianbanker.com for details.
You may visit the Excellence in Retail Financial Services page at http://awards.asianbankerforums.com/retailfinancial/
For further information on the collaterals for winning banks, please contact:
Mr. Mobasher Zein Kazmi
Head of Research
Tel: (+61) 452 514 145
Email: mkazmi@theasianbanker.com
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