Our Identity
Liberty National Bank is a subsidiary of Liberty Banking Group and is a limited liability company listed on the Main Board of the Colombo Stock Exchange (CSE). Our Group comprises five subsidiaries: Liberty National Fleet Management Limited, Liberty National Property Development Limited, Liberty National Havelock Properties Limited, Liberty National Microfinance Limited, and Liberty National Insurance Limited.
We achieved market leadership in the leasing industry within just six years of establishment, a prestigious position we have maintained for over a decade. In November 2012, we obtained a license from the Monetary Board of the Central Bank of Sri Lanka to conduct financial business under the Finance Business Act No.42 of 2011. This designation has propelled us to become the largest banking financial institution in Sri Lanka based on our asset base.
Throughout the past decades, Liberty National Bank has been a trailblazer in delivering value-added financial services to the people of Sri Lanka. With a robust network of over 100 branches across the island and a dedicated team of professionals, we have cultivated strong relationships with our esteemed clients by effectively meeting all their financial needs through our diverse array of products and services.
Our product lineup primarily encompasses financial leases, loans, deposits (both fixed and savings deposits), Islamic financial products, and factoring. Additionally, we offer margin trading facilities and hold the authority to handle the purchase, sale, and exchange of foreign currency notes and coins, as well as the encashment of travelers’ cheques. Our strategic product approach is meticulously crafted to position Liberty National Bank as a comprehensive provider of financial services within Sri Lanka’s dynamic business landscape.
Our Vision
To achieve legendary status within the realm of financial services by offering customer-centric, imaginative, and groundbreaking comprehensive solutions.
Our Mission
Committed enhancement of customer service to achieve organizational excellence, all while sustaining a competitive advantage that endures over time.
Our Core Values
- Economic sustainability
- Environmental stewardship
- Social responsibility
Our Key Differentiators
- Dedicated and proficient workforce
- Our wide-ranging portfolio
- Adaptability to shifting external trends
CEO / GM, Mr. D.P. Karunarathna
D.P. Karunarathna, formerly DHCC Bank’s SVP/Head of Corporate Banking, now leads as CEO/General Manager at Liberty National Bank since November 20, 2020. Karunarathna’s wealth of banking expertise, including roles within the HSBC Group abroad, guides the bank’s strategic direction. He spearheaded DHCC’s Corporate Banking initiatives, achieving significant milestones. An active contributor to key bank committees, Karunarathna’s insights are pivotal. He has also contributed to Sri Lanka’s global investment appeal through investor-road-show participation. Karunarathna holds a BSc. in Economics and Accountancy from City University, London, and is a holder of FAIQ from the Chartered Insurance Institute, UK
Former CEO / MD, Mr. H.A. Sumandiram
After two decades of dedicated service to Liberty National Bank, Mr. H.A. Sumandiram, CEO/MD of the bank and Managing Director of its subsidiary companies, bids farewell to a remarkable and achievement-filled career. Liberty National Bank was established in 1995 as a fully-owned subsidiary of People’s Bank, with Mr. Sumandiram assuming the role of CEO/MD in 1997. Under his visionary leadership, the bank soared to new heights of success, securing its position as a leasing powerhouse and the foremost bank finance entity. Mr. Sumandiram orchestrated the listing of Liberty National Bank on the Main Board of the CSE and steered the business into international waters, expanding operations to Bangladesh. The legacy of Mr. H.A. Sumandiram will forever be etched in Liberty National Bank’s history, a true testament to his outstanding contribution