Hutch and Nations Trust Bank forge strategic alliance to transform telco distribution landscape

NTB Executive Vice President – Commercial Banking Arosha Liyanaarachchi, Executive Vice President – Corporate Banking Senal Seneviratne, Hutch Sri Lanka Chief Financial Officer Lalith Fernando and General Manager Business Planning Shakila Wijesinghe 

Hutch, at the forefront of Sri Lanka’s telecommunication realm together with Nations Trust Bank announced their partnership to empower the Hutch distribution partner network with innovative financing solutions. The collaboration marks a significant leap forward in the realm of telecommunication distribution in Sri Lanka. 

The financing solutions offered by the Bank for the Hutch dealer network, are aimed to expand sales to meet the retail market demands. The partnership will offer more flexibility to the cashflow management of the Hutch dealer network, while enabling to navigate the market’s ever-changing demands with agility and confidence.  

Speaking about the initiative, Hutch Chief Finance Officer Lalith Fernando stated, “Our strategic alliance with Nations Trust Bank is more than just a partnership. It’s a commitment to fostering new financial solutions and enhancing the valued Hutch business partner network in the critical supply chain.” 

Nations Trust Bank Executive Vice President – Corporate Banking Senal Seneviratne stated, “Our partnership will be mutually beneficial for both Hutch and its dealers. The financial solutions provided by Nations Trust Bank will not only strengthen the expansion of the Hutch dealer network but also contribute to significant market growth.”

Nations Trust Bank PLC serves a diverse range of customers across Consumer, Commercial and Corporate segments through multi-channel customer touch points spanning both physical and digital. The Bank is focused on digital empowerment through cutting-edge digital banking technologies, and pioneered FriMi, Sri Lanka’s leading digital banking experience. Nations Trust Bank PLC is an issuer and sole acquirer of American Express Cards in Sri Lanka with market leadership in the premium segments.