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HNB and Expo Property sign MOU to offer customers exclusive benefits for Expo Grand Condominium I Sri Lanka Latest Business News

December 5, 2023
in Business
Reading Time: 12 mins read
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HNB and Expo Property sign MOU to offer customers exclusive benefits for Expo Grand Condominium I Sri Lanka Latest Business News
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Sri Lanka’s most customer-friendly bank HNB PLC, renewed its partnership with Expo Property Developers (Pvt) Ltd to offer prospective homeowners with tailored and concessionary rates for apartments at the Expo Grand Condominium Complex. HNB Deputy General Manager – Retail Banking Group Sanjay Wijemanne and Expo Property Developers Director Anthony Fernando, graced the special ceremony organized to sign the MOU.

Speaking at the occasion, HNB Assistant General Manager – Personal Financial Services Kanchana Karunagama said: “We have always worked towards turning dreams into reality, especially when it comes to homeownership. The recent housing market has seen many challenges, but HNB remains committed to empowering customers to achieve their dream of owning a home. As such, we are proud to announce our partnership with Expo Property Developers, to offer prospective homeowners the best possible deals and convenient payment options.”

Delivering the best value to its customers, HNB will offer special interest rates benefits during the promotional period. Prospective homeowners can make use of convenient and flexible repayment options tailor-made to their budgets, together with doorstep mortgage advisory services provided by the bank’s dedicated agents, who will assist with the entire documentation needed for the facility. Notably, HNB’s backend processes ensure a three-day loan approval process.

“Our collaboration with HNB has enabled many prospective homeowners to embark on the journey of owning their dream home. We believe that this long-standing partnership will continue to reap mutual benefits to all stakeholders involved,” Expo Property Developers Director Gratien Fernando said.

The Expo Grand Condominium Complex, a flagship project under Expo Property Developers spanning across 180 perches, is nearing its full completion, which is expected by March 2024. The first two towers under the project were completed and successfully handed over to homeowners, while Towers 3 and 4, consisting of 206 total units as well as a superstructure, have also been completed and are in the finalization stage.

With 254 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 2023 hosted by the Asian Banker Magazine.

Image 01: (Left to right) HNB Mortgaged Advisor, Rajika Nishantha, HNB Manager – Home & Personal Loans, Sampath Dodanwela, HNB Manager – Personal Financial Services, Asitha Fernando, HNB Assistant General Manager – Personal Financial Services, Kanchana Karunagama, HNB Deputy General Manager – Retail Banking Group, Sanjay Wijemanne, Expo Property Developers (Pvt) Ltd Director, Anthony Fernando, and Expo Property Developers (Pvt) Ltd Director, Gratien Fernando

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