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Pan Asia Bank records Impressive Performance amidst Challenges – Profit after Tax soars by 50% to post Rs. 1,356 Mn August, 3, 2021 Pan Asia Banking Corporation PLC reported an impressive performance for the six-month period which ended 30 June to report a Pre-Tax Profit of Rs. 1,822 million and a Post-Tax Profit of Rs. 1,356 million with growth rates of 27% and 50% respectively, while demonstrating the resilience amidst challenging macro-economic conditions. The bank’s performance was characterised by strength and resilience despite the heightened uncertainty due to the impact of the CO...

Pan Asia Bank Records Best-Ever Q1 results in Challenging Times – Profit After Tax soars by 81% to post Rs. 750 Mn. May, 4, 2021 Net Fee and Commission Income - Rs. 466 Mn, up by 28% Other Operating Income - Rs. 179 Mn, up by 141% Operating Profits up by 47% to post Rs. 1,197 Mn owing to overall excellent core banking performance and success of cost containment strategies Operating Efficiency enhances as Cost-to-Income Ratio improves from 45.66% to 38.08% Profit Before Tax - 986 Mn, up by 51% despite increased prudential provisioning Key Profitability Indicators are among the best in the in...