Hatton National Bank PLC has once again joined hands with the National Chamber of Exporters of Sri Lanka (NCE) as the exclusive banking partner for the year 2022-2023. This is a monumental year for NCE as it hosts its 30th Export Awards ceremony under the theme, ‘Recognising, Inspiring and Strengthening’ and HNB is delighted to be a part of their success story, the Bank said.
NCE is a prominent office that offers various services ranging from issuance of specialized certificates, various trade related documentation, conducting training programmes and workshops, including representation of Exporters in discussions and meetings held with relevant Government bodies, it said.
The present economic crisis that has unfolded in Sri Lanka is unprecedented, the depletion of its foreign currency reserves is one of the most crucial factors that needs resolving. Having understood the importance of contributing to the growth of the Export industry early on, Hatton National Bank PLC attempted to create opportunities that would enable the export sector to confidently venture into the global space and showcase their vast potential. Being an early adopter of this change in direction facilitated HNB to broaden its reach countrywide and grow its market share notably over 2021.
The resilience of export businesses this year alone is outstanding as the export sector continues to showcase its immense potential and this is evident in the growth we have witnessed thus far with YTD exports of the country increasing by USD 815m to a resounding USD 6,514m – a 14% YoY growth, it said.
Sri Lanka has the resources required to move into the global market. Creating a way to showcase Sri Lankan Export Products and Services, including Service Providers to Exporters, is key in creating awareness among prospective buyers and consumers, regarding the range of Products and Services offerings of the Country.