Finance

Pan Asia Bank Launches Exclusive Privilege Banking Service for Premier Customers

Pan Asia Bank has officially launched Privilege Banking, an exclusive service designed for premier customers seeking a highly personalized and elevated banking experience. The launch event was held at the World Trade Center (WTC) Privilege Banking Centre, attended by Pan Asia Bank Chairman Aravinda Perera, Director/CEO Naleen Edirisinghe, corporate management, and other distinguished guests. Privilege

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Finance

Pan Asia Bank Introduces Housing Loan Package with Solar Energy Option

Pan Asia Bank is revolutionizing homeownership by offering more than just a loan; it provides innovative, customized solutions to make securing a home easier than ever. In response to the growing energy costs and the demands of modern living, Pan Asia Bank’s unique housing loan package now includes an additional benefit: the option to incorporate

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Finance

Pan Asia Bank Unveils ‘SME Re-Energizer’ Loan to Support Business Growth

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

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Finance

Pan Asia Bank Achieves 32% Increase in PBT for 1H 2024

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

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Insurance

Pan Asia Bank and Janashakthi Life Join Forces, Paving the Way for Financial Empowerment

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

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Finance

Pan Asia Bank Maintains Stable Performance in First Quarter of 2024

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

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