ISSN: 1391 - 0531
Sunday September 16, 2007
Vol. 42 - No 16
Financial Times  

HNB loans for Lankans in the UK

HNB and Currency Exchange Corporation Ltd-UK have entered into a joint partnership, to promote “Shanthi” Home Loans in the UK.

The Home Loan facility could be obtained either in Sri Lankan Rupees or in any other designated foreign currency, according to an HNB press release.

The Currency Exchange Corporation Ltd is a fully owned subsidiary of the Mike Cooke Group (MCG) of London. The company offers money transfer services to the Sri Lankan community living in the UK, and has access to a large Sri Lankan customer base worldwide.

“As Sri Lanka’s best weather coincides with European winter months, the country is very popular during this season. Sri Lankan migrants look for an alternative winter “sun destination” and an investment with strong yield potential. Through this partnership with MCG, HNB will cater to this segment creating an opportunity to obtain Home Loan financing with convenience,” the release said.


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