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Assetline Leasing, one of the Sri Lanka’s leading leasing companies expanded its regional distribution network by opening its latest branch in Ambalangoda on 06th May 2021. Located at No. 24, Galle Road, Urawatta, Ambalangoda, this is the 53rd member of their Branch Network which is spread across the country. The Ambalangoda Branch is geared to cater to all leasing facilities fulfilling specific needs of customers, offering the entire spectrum of leasing products and financial services covering automotive leasing, auto loans & business loans and much more. An Easy Pay machine too is availa...

Pan Asia Banking Corporation PLC reported the best-ever first quarter financial results during the quarter ended 31st March 2021 to report a Pre-Tax Profit of Rs. 986 Mn and a Post-Tax Profit of Rs. 750 Mn after recording impressive growth rates of 51% and 81% respectively, 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 COVID-19 pandemic. Against the backdrop of the COVID-19 impact on the Sri Lankan economy, the Bank’s Operating Profi...

Sampath Bank joined hands with one of the country’s most anticipated mega book sale events, Big Bad Wolf Online Book Sale, yet again. This partnership is part of the Bank’s continued efforts to promote the habit of reading and nurture a new generation of readers by making books more affordable and accessible. The Big Bad Wolf Online Book Sale is being held online this year too due to the COVID-19 pandemic. Book lovers across the island can avail themselves of discounts of up to 90% as well as a host of other benefits when making their purchases on www.bigbadwolfbooks.lk from 5th to 12th M...

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...