Hatton National Bank (HNB) disbursed over Rs. 1 billion to entrepreneurs in the agricultural sector through its recently launched Micro Leasing facility, offering Micro, Medium and Small Enterprises (MSMEs) a myriad of benefits and opportunities.
Working in line with Central Bank of Sri Lanka (CBSL) directives to support and strengthen Sri Lanka’s agriculture sector, HNB’s micro leases will be utilized to enhance the capabilities of over 400 agricultural entrepreneurs across the island.
A collaborative effort by the bank’s Leasing and Micro Finance arms, the facility offers customers a full suite of services, including access to great deals and benefits from HNB’s extensive merchant partner network.
The Leasing and Micro Finance arms of the bank collaborated in ensuring HNB’s microfinance officers were fully aware of the facilities and partnerships of the bank in the agricultural sector.
Commencing with email campaigns, the departments organised awareness programmes with the participation of leading merchant partners. While the programmes were interrupted by the current pandemic situation, the bank aims to resume the campaign as soon as possible.
Through its microfinance officers stationed across the country’s grassroots, HNB has facilitated growth in the sector through its Gami Pubuduwa initiative. The bank will lend the same support for its leasing customers by organising curated sessions to enhance value chain development and capacity building skills in collaboration with skills development organisations.
Additionally, customers can use the bank’s flexible payment schemes, customised to their repayment capabilities. Notably, the bank will onboard all customers using the facility on its digital platforms such as HNB SOLO, MOMO and Appigo, improving the availability of convenient payment solutions in the sector.
Furthermore, HNB offers a seamless one-day approval process supported by its state-of-the-art backend systems. Customers availing themselves of the facility are entitled to a free life insurance cover of Rs.4.5 million. The insurance is also anchored to discounted premiums from HNB General Insurance.
Leasing customers also received the Prestige Prime credit card free of charge. The first year fee waived off, offering customers access to exclusive discounts on various agricultural products and services.
HNB Media Center