HNB PLC has partnered with the Japan International Cooperation Agency (JICA) for sustainable socio-economic development in Sri Lanka.
JICA - Japan’s Official Development Assistance (ODA) executing agency - will leverage its experience as a long-standing development partner to the island nation, and HNB’s broad expertise and islandwide branch and customer network, to solve social issues by enhancing economic development and poverty alleviation, and driving socially responsible, environmentally sustainable finance.
The partnership will help focus resources into agriculture, dairy production, value chain financing, women’s entrepreneurship development, MSME development and digital transformation. The collaboration will also prioritise investments into enterprises and initiatives with the potential to support mitigation and adaptation to global climate change and other critical social protection services.
HNB Managing Director/CEO, Jonathan Alles said, “HNB is honoured to partner with JICA to support a sustainable, inclusive, grassroots-led revival of the Sri Lankan economy.”
JICA Sri Lanka Office Chief Representative, Tetsuya Yamada said: “With this partnership, we will be able to expand our reach to more people, providing greater benefits and a stronger development impact through HNB’s wide network and expertise, which JICA alone could never do.”