HNB Finance Limited was incorporated as a limited liability company in Sri Lanka on December 20, 1999 under the Companies Act No. 17 of 1982 as a member company of the Ceylinco Group to facilitate Micro finance lending for self-employment projects under the “Grameen” concept and was re-registered on May 05, 2009 under the Companies Act No. 07 of 2007.
However, subsequent to the collapse of several institutions within the Ceylinco Group, the Company was acquired by the Prime Lands Group in 2011. Thereafter, it was renamed as Prime Grameen Microfinance Limited and became a fully-fledged finance company, licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011. Subsequently, in 2014, 51% of the Company was acquired by Hatton National Bank PLC.
There are 48 branches and 21 service centers covering all districts in Sri Lanka
LMPA is the pioneer in microfinance networking among microfinance practitioners in Sri Lanka, and was initiated on the 31st of March 2006. The Lanka Microfinance Practitioners’ Association is incorporated as a non-profit organization under the Companies Act No. 7 of 2007.