HSBC Sri Lanka is a banking and financial services company in Sri Lanka and is a licensed commercial bank supervised by the Central Bank of Sri Lanka. Founded in 1892 (just 27 years after its first offices were established in Hong Kong and Shanghai), it is one of the oldest banks in Sri Lanka. The company maintained an international outlook from the start, while its activities centered on trade finance.[1]
On 24 September 2025, HSBC Sri Lanka entered into a sale and purchase agreement (SPA),to sell its retail banking business in Sri Lanka to Nations Trust Bank in a deal valued at Rs. 18 billion plus taxes (approximately US$60 million). The sale is expected to be completed in the first half of 2026.[2][3]
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References
- HSBC In $ 7 M. Refurbishment Drive^
- NTB announces Rs. 18 b deal for HSBC Sri Lanka’s retail banking business Daily FT, 2025-09-25, retrieved 2025-10-07^
- Selena Li, Janane Venkatraman. HSBC to sell Sri Lanka retail banking business to Nations Trust Bank Reuters, 2025-09-25, retrieved 2025-10-07^