Colombo, Sri Lanka
Galle Rd
N/A
+94114374196
Pan Asia Banking Corporation is a public limited company incorporated in Sri Lanka. The Company currently has 85 branches across Sri Lanka.A Public Limited Liability Company incorporated in Sri Lanka on 6 March 1995 under the Companies Act No.17 of 1982 and re-registered under the Companies Act No.07 of 2007. A licensed commercial bank under the banking Act No.30 of 1988 and listed in the Colombo Stock Exchange. PABC's major shareholder is Dhammika Perera. Fitch Rating BBB- (lka) - Outlook 'Stable'.
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This bank is located at Bambalapitiya Meewella building. This is not a big branch but OK to do your banking activities here. Staff less here. Providing the facilities of Saving Account, Current Account, Fixed Deposit, Leasing Facility, Mortgage facility and other banking facilities. Staff are very good and not taking too much time to complete our banking needs.
Pan Asia Banking Corporation PLC reported Rs.498.0 million in profit before tax for the quarter ended in March 31, 2018 (1Q’18) powered by a steady growth in new loans and improvement in overall margins which was resulted by prudent asset – liability pricing amidst rising market interest rates. This enabled the bank to increase its net interest income by 11.0 % to Rs.1.34 billion for the quarter from Rs.1.21 billion recorded in the same period last year. Meanwhile the core banking performance was aptly supported by the non-fund based incomes such as fee incomes and trading gains. The bank managed to increase its net fee and commission income by a modest 8.0 % to Rs.368.12 million from the same period in 2017.
A private bank, offers variety of financial services including personal banking (Fixed deposits, Children's savings, Loan facilities, credit cards), corporate banking , SME banking etc..
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