HNB-Home Lands to provide affordable financing for real estate, property investment

Working to reinvigorate the real estate landscape, Sri Lanka’s leading private sector bank HNB PLC signed on as the official banking partner for real estate giant Home Land Holdings, to offer prospective homeowners affordable payment solutions to invest in a property of their own. 

The promotion will be applicable across the Home Lands wide portfolio of lands. The joint venture was entered into at a simple ceremony held at the Home Lands head office in Battaramulla. In attendance were HNB Deputy General Manager Retail Banking Group Sanjay Wijemanne, HNB AGM Personal Financial Services Kanchana Karunagama and Home Lands Group Managing Director Nalin Herath, along with the members of HNB and Home Lands group’s senior management.

“The outlook for the real estate industry in Sri Lanka for 2023 is positive and resilient, despite the challenges created by the global pandemic and economic downturn. The sector has continued to flourish, providing numerous investment opportunities for real estate enthusiasts and prospective homeowners looking to invest in the property of their dreams. As such, we are delighted to sign on as the official banking partner to Home Lands to offer our loyal customers with the best options in the market,” Karunagama said. 

Delivering maximum value to its customers, HNB will provide convenient and flexible repayment options tailor-made to their budget. Doorstep mortgage advisory services are also provided by the bank’s dedicated agents, who will also assist customers with all legal documentation needed for the facility. 

“We, as a corporate, have always been committed to ensuring prospective land/homeowners are offered the best solutions for their real estate needs; this is part and parcel of our corporate ethos. As part of this we have leveraged on our long-standing relationship with HNB to strengthen our commitment to offering prospective land/homeowners with the best possible solutions in the market and we are delighted to partner with them once again,” Herath said.