HNB enters Distributor Finance Agreement with CBL Group

by damith
January 21, 2024 1:10 am 0 comment 74 views

After signing the agreement. From left: HNB RM, Corporate Banking, Lahiru Rajapakse, HNB Junior Executive, SME, Ruwandhi Perera, HNB Executive, SME Business Channels, Chinthake Ranasinghe, HNB Head of SME Products and Partnerships, Nithiyantham Kethiswaran, HNB, DGM, SME and Micro Finance, Rajive Dissanayake, HNB Executive Director/COO, Dilshan Rodrigo, CBL Director/CEO, Nalin B. Karunaratne, CBL Chief Operating Officer, Daham Gunasena, CBL Director Sales, I. M. Khan, CBL General Manager Sales, Jayanga Perera, CBLF General Manager Finance, Naleen De Silva, CBL Group General Manager, Human Resources, Gehan Mendis, and CBL Group Manager, Credit Control, Chandus Mahamettiyage.

HNB PLC has inked a Distributor Finance Agreement with Ceylon Biscuits Limited (CBL) Group, reinforcing its commitment to fostering economic growth and providing tailored financial solutions to businesses in Sri Lanka.

HNB has extended its Distributor Financing Scheme to encompass Ceylon Biscuits Limited, CBL Foods International and CBL Exports under this strategic partnership. These entities, operating within the confectionery cluster of CBL Group, are renowned for manufacturing and distributing a diverse array of products, including biscuits, wafers, cakes, and chocolates.

HNB Deputy General Manager, SME and Micro Finance, Rajive Dissanayake said: “By tailoring financial solutions to meet the unique needs of its partners, we hope to remain at the forefront of driving economic progress in the region.”

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