Hatton National Bank PLC Profile
Hatton National Bank PLC provides various banking and related services.
Segments
The company operates through eight segments: Corporate, Retail, SME, Micro, Treasury, Real Estate, Insurance, and NBFI. The Real Estate segment comprises the operations of Sithma, a subsidiary of the bank.
Retail Banking
Retail Banking plays a critical role in mobilizing funds for the bank through an island-wide network of branches. Customer centricity and digital enablement are critical to the growth of this business segment as activity is characterized by a large number of small transactions. Retail Banking has on-boarded over 700k customers to digital platforms, which has supported growth and customer satisfaction, which are key strategic KPIs.
Corporate Banking
Corporate Banking has the largest portfolio of loans and advances within the company and manages relationships of large and emerging corporates to support their financing, trade and transactional needs. It offers a full range of corporate banking services delivered through Relationship Managers who are able to draw on the specialized expertise within the bank to structure innovative and customized solutions for its customers.
Banking Services
Wholesale Banking: The company offers corporate banking, trade finance, treasury, payments and cash management, Islamic banking, and custodian services.
Retail Banking: The company offers Retail Banking, SME, and microfinance.
Deposits
The company's deposits are current account deposits, time deposits, saving deposits, certificate of deposits, and margin deposits.
History
Hatton National Bank PLC was founded in 1888. The company was incorporated in 1970.
