Working to revive and revitalise the real estate industry, Sri Lanka’s leading private sector bank
HNB PLC, renewed its long standing partnership with the market leader Prime Group to offer
prospective home owners with low interest rates and exclusive benefits.
The joint venture aims to provide attractive financing options for customers interested in purchasing
prime real estate across the nation. HNB Sanjay Wijemanne and Prime Group Sandamini Perera
were present at a special ceremony organised to commemorate the occasion.
“The rising cost of construction material due to the current crisis has resulted in both businesses
and individuals alike having to drastically change their property-related plans. Despite the real estate
industry being one of the hardest hit, the reality we are facing is that there will always be demand for
property as people still need to build a home. Given the difficulties faced by many prospective
homeowners, we worked towards offering customers the best options available in the market. We
are delighted to collaborate with our long-term partners in the industry Prime Group towards
achieving this goal,” HNB DGM – Retail & SME Banking, Sanjay Wijemanne said.
Delivering maximum value to its customers, HNB will provide convenient and flexible repayment
options tailor-made to their budget. Doorstep mortgage advisory services are also provided by the
bank’s dedicated agents, who will also assist customers with all the legal documentation needed for
the facility. Notably, HNB’s state-of-the-art back-end processes assure a three-day loan approval
period.
“Our partnership with HNB is a testament to the success we have enjoyed with them in the
previous years and our confidence that they offer the best services available in the nation for this
venture. We have been acutely aware of the impact the recent economic crisis has had on the
housing market, and exploring ways by which to ease the burden on individuals looking to own
property, and build a home. Through this partnership, we hope that they can divest into land
purchases at the earliest opportunity so that it can be used as a stepping stone to becoming
homeowners,” Prime Group Co-Chairman Sandamini Perera said.
Under the terms of the promotion, all clients will benefit from a prevailing salaried interest rate.
Additionally, Prime Group will bear a maximum of 3% interest rate up to a maximum period of 03
years resulting in an attractive and affordable financing option.
Press Release
With over 26 years of expertise, the group was also named one of the most respected entities in Sri
Lanka for the past 3 years by LMD. Prime Group was also crowned Sri Lanka’s best developer for
the past two years by the largest and most respected real estate awards programme in Asia,
Property Guru Asia Property Awards; having developed multiple award-winning housing and
condominium projects.
With 256 customer centres and 800+ Self Service Devices (SSMs) nationwide, HNB is one of Sri
Lanka’s largest, most technologically innovative private banks. Consolidating its legacy in
sustainability, good governance and corporate excellence, HNB was crowned the Best Corporate
Citizen for 2022 at the Ceylon Chamber of Commerce Best Corporate Citizen Awards. The bank
further secured four additional accolades, including being ranked among the Top 10 Best Corporate
Citizens and taking home the Governance category and Sustainability Champion for the Finance
sector titles.
Additionally, HNB was ranked among the World’s Top 1,000 Banks list compiled by the prestigious
UK-based Banker Magazine for the sixth consecutive year in 2022, in addition to being crowned the
Best Retail Bank in Sri Lanka for the 13th occasion at the prestigious International Excellence in
Retail Financial Services Awards 2022 hosted by the Asian Banker Magazine.
(L to R):
HNB Mortgage Advisor, Rajika Nishantha; HNB Manager – Home & Personal Loans, Asitha
Fernando; HNB Assistant General Manager – Personal Financial Services, Kanchana Karunagama;
HNB Deputy General Manager – Retail & SME Banking, Sanjay Wijemanne; Prime Group Co-
Chairperson, Sandamini Perera; Prime Lands CEO/Director, Ruminda Randeniya; Prime Group
Director – Corporate Affairs, Nalinda Heenatigala; Prime Group Director – Legal, Dinusha
Fernando; Prime Group Director