Pan Asia Bank relocates Pillimathalawa branch

Pan Asia Bank relocated its Pilimathalawa branch w.e.f from 2nd March 2022 to No.217, Kandy Road, Manadeniya Pilimathalawa. The new branch in Pilimathalawa reflects the aspirations of Pan Asia Bank as a Truly Sri Lankan Bank, offering enhanced convenience for customers in the area to access its fast and innovative banking solutions. The Pilimathalawa branch will be open for business from 9.00 a.m. to 3.00 p.m.

Reputed for its innovative banking products and services, Pan Asia Bank has consistently introduced novel banking products to the local market such as Daskam Children’s Savings account, which offers an additional 10% deposit by the bank on top of each and every deposit and the Champion Saver Savings Account, which offers higher interest rate on savings. The Bank also offers an array of other products including Leasing facilities, Credit Cards and the Sammana Pensioner finance scheme – an attractive guarantor free personal loan facility up to 5,000,000/- for retired government servants and Central Bank of Sri Lanka pensioners.

Going from strength to strength, Pan Asia Bank once again reported a remarkable performance for the year 2021 to report a Pre-Tax Profit of Rs. 4,034 million and a Post-Tax Profit of Rs.3,075 million with growth rates of 42% and 50% respectively, while demonstrating the resilience amidst challenging macroeconomic conditions. The highlights of its performance in 2021 were achieving Rs. 3 Bn in Profit after tax and reaching Rs. 1 Bn in 4Q2021 for the first time in its history.

As one of the most awarded entities in the country, Pan Asia Bank received a host of local and international accolades for various aspects such as profitability improvement, growth, cash management, treasury function, green financing, product innovation and so on. Some of the key awards won during the year include Best Bank in Treasury Management Sri Lanka 2021, Most Sustainable Green Bank Sri Lanka 2021 and Best Banking Product Sri Lanka 2021 for the ‘Sammana’ product from World Business Outlook Awards; and Best Green Bank in Sri Lanka 2021 and Best Bank for Treasury Activities Sri Lanka 2021 from Global Banking & Finance Awards.