Pan Asia Bank has launched its new ‘SME Re-Energizer’ loan, a collaborative initiative with the Sri Lankan Government aimed at providing crucial financial support to SMEs and MSMEs across Sri Lanka. The ‘SME Re-Energizer’ loan offers investment opportunities up to Rs. 15 million per SME client with a valid business registration, featuring a competitive interest
Pan Asia Banking Corporation PLC reported a solid performance for the first half of 2024, with a Pre-tax Profit (PBT) of Rs. 1,996 million, marking a 32% increase compared to the same period last year. The Bank’s net fee and commission income surged by 24% in the first half of 2024, driven primarily by increased
Pan Asia Bank, known for its commitment to customer satisfaction, has forged a strategic alliance with Janashakthi Life to introduce a comprehensive insurance package. This collaboration aims to meet the evolving needs of Pan Asia Bank’s esteemed customers. Naleen Edirisinghe, CEO of Pan Asia Bank, expressed excitement about the partnership, highlighting its significance in offering
Pan Asia Banking Corporation PLC has announced a notable increase in its Profit before Tax (PBT) by 47% for the first quarter of 2024, reflecting improved macro-economic conditions. The bank’s financial performance during this period showcased prudent portfolio management strategies, especially in dealing with potential fallout on asset quality amidst challenging times. The bank reported