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Rayynor Silva increases stake in Hatton National Bank

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High net worth investor Rayynor Silva demonstrated confidence in Sri Lanka’s financial services sector yesterday by acquiring an additional stake in Hatton National Bank PLC (HNB), investing Rs. 1.4 billion.

Silva purchased 3.5 million HNB shares at Rs. 422 each. In total, 3.6 million HNB shares were traded for Rs. 1.5 billion before the market closed at Rs. 422.25, down by Rs. 2.50. The shares Silva acquired account for just under 0.8% of HNB, raising his total holding in the bank to 1.5%, or 6 million shares.

Silva’s portfolio already includes significant holdings in the local banking sector, including 10% of Sampath Bank, 9.8% of DFCC Bank, and 1% of Commercial Bank. In October 2025, he also entered Seylan Bank, acquiring a 5% stake for Rs. 1.5 billion.

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