History
- 1888: R.D Banks and A.T Atkin established a small, private bank called Hatton Bank to cater to the needs of investors and laborers in Ceylon’s tea plantations.
- 1948: Sri Lanka attained its independence and Brown & Co., an engineering concern, bought the interests of the original investors.
- 1961: The Government of Sri Lanka forbade foreign banks to accept deposits from Ceylonese nationals.
- 1970: Hatton National Bank (HNB) was formed to take over Hatton Bank and the Kandy and Nuwara Eliya branches of Grindlays Bank. (Grindlays had inherited these branches from its merger with National Bank of India (NBI). NBI had established the branches in 1892. By giving up the two branches Grindlays earned the right to continue to operate its branch in Colombo, which NBI had established in 1881, serving corporate business.) A share issue shortly thereafter changed the ownership structure of Hatton National Bank. 35% of the company was in public ownership. After the share issue, Brown & Co and National & Grindlays owned 37% and 28% each respectively.
- 1974: HNB acquired Mercantile Bank of India’s branches in Pettah and Colombo as well as a part interest in Mercantile (a subsidiary of HSBC since 1959, which retained its branch in Colombo).
- 1989: HNB acquired Emirates Bank International's Colombo branch as well as their Sri Lankan Foreign Currency Banking Unit.
- 1996: HNB acquired Banque Indosuez’s Colombo branch.
- 2000: HNB opened a representative office in Karachi, Pakistan, and another in Chennai, India.
- 2002: HNB acquired the Sri Lankan branches of Habib Bank A.G. Zurich. It planned to use them as the base for Islamic banking.
Awards AWARDS / RECOGNITIONS BESTOWED ON THE BANK 2010
Best Presented Accounts and Corporate Governance Disclosure Awards 2009 by SAFA (South Asian Federation of Accountants) - 1st Runner Up http://www.esafa.org/
Institute of Chartered Accountants Sri Lanka ICASL awards 2010 - Overall Winner - (Gold Award) Best presented Annual Report 2009 - Best presented Annual Report in the Banking Sector - Gold Award - Management Discussion and Analysis - Gold Awards - Corporate Governance - Gold Award www.icasrilanka.com
Ten Best Corporate Citizens Award 2010 presented by the Ceylon Chamber of Commerce - 1st Runner Up — Best Corporate Citizen - Top 20 Best Corporate Citizen - Winner — Employee Relations Category www.chamber.lk
Best Retail Bank in Sri Lanka for performance in 2009The Asian Banker Magazine www.theasianbanker.com
Best Bank in Sri Lanka 2010 Euromoney Magazine
Gold Award Winner at the HRM 2010 Awards organized by Human Resources Professionals and Hewitt's Associates
Award for Excellence in Customer Service presented by MoneyGram International Inc. www.moneygram.com
Winner (Large scale category) ACCA Sri Lanka Sustainability Reporting Awards 2009 www.accaglobal.com
Business Today Top 10 (2010) www.businesstoday.lk
Winner National Best Software Quality Awards 2009, organized by the British Computer Society (BCS) www.bcs.org
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