January, 2024: The TAGS Awards Committee of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) proudly announced HNB FINANCE PLC as the Bronze award winner in the Non-Bank Financial Institutions (Total Group Assets Above LKR 20 Bn) category at the prestigious TAGS Awards 2023, marking the company’s second consecutive win at the grandeur event, held at the Shangri-La Hotel, Colombo, on December 12, 2023.
The TAGS Awards, organized by CA Sri Lanka, are a testament to excellence in financial reporting and corporate transparency. HNB FINANCE’s annual report ‘Perseverance, Pragmatism, Positivity’ stood out among its peers, demonstrating outstanding achievements in the Non-Bank Financial Institutions category.
The TAGS Awards Committee commends HNB FINANCE PLC for its commitment to financial reporting standards and transparency, contributing to the elevation of industry benchmarks. The accolade recognizes the company’s dedication to excellence and its role as a standard-bearer in the sector.
HNB FINANCE PLC Managing Director and CEO Chaminda Prabhath said: “This win is a testament to our company’s relentless efforts in maintaining and ensuring transparency and corporate etiquette in annual reporting. This is also a reflection of our overall work ethic, acknowledging our commitment and adherence to industry standards. I would like to thank the TAGS Awards committee as well as CA Sri Lanka for this recognition, and I would also like to thank our team for their efforts that gave way to this achievement.”
The Annual Report Awards Competition, which commands a prestigious legacy spanning over 57 years, was reconceptualised and rebranded as TAGS Awards in 2022. CA Sri Lanka’s ultimate objective through the reconceptualization is to continue to provide a contemporary competition to honour companies ranging from multinationals to conglomerates, as well as small and medium enterprises for promoting the core concepts in both financial and non-financial reporting aspects.