HNB PLC recently signed a Memorandum of Understanding (MoU) with PPOD Consultancies, a people and process assessment consultancy firm in Sri Lanka, to provide its SME customers with capacity development and consultancy in running key business functions. This partnership enables HNB’s SME clientele to access much-needed consultation in the areas of accounting, finance, taxes, IT, [...]

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HNB in new partnership to help SME customers

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HNB PLC recently signed a Memorandum of Understanding (MoU) with PPOD Consultancies, a people and process assessment consultancy firm in Sri Lanka, to provide its SME customers with capacity development and consultancy in running key business functions.

This partnership enables HNB’s SME clientele to access much-needed consultation in the areas of accounting, finance, taxes, IT, value chain development, HR, and other specific capabilities concerning each industry, HNB said in a statement.

“Given that HNB is a partner in all its client’s progress, we are excited to announce that we’ve partnered with PPOD Consultancies to provide our SME customers with fundamental capacity development sessions and consultancy to build and grow their SME successfully,” said HNB Head of SME Products and Partnerships, Niluka T. Amarasinghe.

The capacity development programme initially covers general areas in business management and will be followed by a detailed session on specific business functions. Areas such as accounting, finance, taxes, and IT will be discussed in addition to key practices around issues in cash flow management, investment for expansion, poor tax payment practices, poor investment, use of IT, etc.

Once the initial stage is completed, customers will have access to a knowledge base that assists them in building business development plans including expansion and exports, upgrading facilities, HR and productivity management investments, and consolidations.

“Assisting entrepreneurs to develop capacity and skills that build a sustainable business is a rewarding experience, and having a leader from the banking sector partnering with us truly solidifies our mission in the country,” added PPOD Founder and Chairman, Stephen A. Paulraj.

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