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Pan Asia Bank ready to leverage on economic revival amidst external challenges; Posts steady 1H performance - Adaderana Biz English

Pan Asia Banking Corporation PLC reflected a steady performance amidst a multitude of adversities emerging from challenging macro-economic conditions as the Bank reported its financial performance for 2023 1H, which showed judicious portfolio management and prudency exercised in dealing with possible fallout on its asset quality from under high interest rate regime. For the six-month period. ....

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President says foreign humanitarian aid helped mitigate fuel crisis

By Sanath Nanayakkare No country in the world could give Sri Lanka direct financing assistance after we became a bankrupt country, but they chose to give us multiple aid under different headings that translated into crucial help to the real economy, President Ranil Wickremesinghe said in Colombo on Tuesday. Speaking at the Tax Forum organized […] ....

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