HNB PLC, Sri Lanka’s leading private bank, has signed a Memorandum of Understanding (MOU) with Expo Property Developers (Pvt) Ltd, to promote home loans for Expo Grand Condominium buyers. The collaboration offers prospective homeowners tailored financial solutions with special benefits, valid until December 31, 2025.
Commenting on the partnership, HNB AGM / Head of Retail Banking, Kanchana Karunagama, said: “At HNB, we are committed to empowering individuals and families to achieve their dream of homeownership through accessible and innovative financial solutions. Our collaboration with Expo Property Developers allows us to deliver unparalleled value to prospective buyers of the Expo Grand Condominium, offering them competitive interest rates, flexible repayment options, and personalized services to ensure a seamless home-buying experience.”
As part of the promotion, HNB will offer attractive interest rates, flexible repayment plans, and doorstep mortgage advisory services. The bank also provides end-to-end support with documentation, ensuring quick loan approvals ,
Sharing his thoughts on the collaboration, Gratien Fernando, Director, Expo Property Developers (Pvt) Ltd, said: “Our partnership with HNB underscores our mutual commitment to providing high-quality living spaces with accessible financial options. Expo Grand Condominium is designed to deliver both luxury and convenience, and this initiative ensures prospective homeowners have the financial support they need to invest in their future.”
Expo Property Developers (Pvt) Ltd, incorporated in September 2008, focuses on developing premium condominiums in Colombo. The company is a subsidiary of Expo Industrial Engineering (Pvt) Ltd, which specializes in engineering solutions, spares, machinery, tools, and high-precision requirements across industries.
Located in Colombo, Expo Grand Condominium is a flagship residential project nearing completion. Towers 1 and 2 are already handed over, while Towers 3 and 4, comprising 206 units, are in the final stages of development.
With 254 customer centers and over 800 Self-Service Machines (SSMs) nationwide, HNB continues to excel in the banking sector, achieving significant recognition in 2024. The bank was named Sri Lanka’s Best Bank and Best Bank for SMEs at the Euromoney Awards for Excellence 2024. HNB also triumphed at the LankaPay Technnovation Awards 2024 and retained its title as the Best Retail Bank in Sri Lanka for the 14th consecutive year at the Asian Banker Global Excellence in Retail Financial Services Awards 2024.
