HNB Securities first Primary Dealer to secure Fitch ‘A’ rating with Stable Outlook

Thursday, 11 September 2025 00:24 - - {{hitsCtrl.values.hits}}

CEO Shehan Stembo

HNB Securities, a subsidiary of HNB Investment Bank, has achieved a historic milestone by becoming the first Primary Dealer in Sri Lanka to be rated by Fitch Ratings, earning an impressive ‘A(lka)’ with a Stable Outlook.

HNB Securities is a leading Primary Dealer specialising in Fixed Income Securities namely, Treasury Bills and Treasury Bonds.

This landmark achievement highlights HNB Securities' unwavering commitment to strong governance, disciplined risk management, and a strategic focus on sustainable growth, further solidifying its reputation as a trusted partner in Sri Lanka’s financial markets. HNB Investment Bank Managing Director Ray Abeywardena said: “This rating is a testament to our commitment to maintaining the highest standards of governance and risk management."

It accentuates our strategic approach and assures clients and stakeholders of our continued reliability and strength in the capital markets.”

HNB Securities CEO Shehan Stembo said: “We are proud to be the first Primary Dealer in Sri Lanka to receive a Fitch Rating. This recognition reflects our strong financial fundamentals, prudent investment strategies, and dedication to building long-term confidence among our clients and partners.”

As a Primary Dealer, HNB Securities said it plays a vital role in Sri Lanka’s financial ecosystem by facilitating investments in government securities, including Treasury Bills and Treasury Bonds, which are essential for funding national development and ensuring liquidity in the financial system.

The Fitch ‘A(lka)’ rating with a Stable Outlook underscores HNB Securities operational excellence and long-term stability, reinforcing its position as a leading and reliable institution in the country’s capital markets.