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Pan Asia Bank records Impressive Performance amidst Challenges – Profit after Tax soars by 50% to post Rs. 1,356 Mn - Adaderana Biz English

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 COVID-19 pandemic.
In a statement, the bank said against the backdrop of the COVID-19 impact on the Sri Lankan economy, the bank’s Operating Profits before VAT on Financial Services reached Rs. 2,245 million with an increase of 25%, reflecting the excellence in core banking performance and the success of cost containment measures evidenced by improvement in all key matrices, w ....

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Bank of Ceylon Brand Value reaches Rs. 53 bn with 12% growth YoY

Bank of Ceylon Brand Value reaches Rs. 53 bn with 12% growth YoY
dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.

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ComBank raises interest rate on 'FC Plus' foreign currency accounts to 4.5% per annum - Adaderana Biz English

ComBank raises interest rate on ‘FC Plus’ foreign currency accounts to 4.5% per annum
May, 5, 2021
The Commercial Bank of Ceylon has announced a significant increase in the interest rate offered to Sri Lankan Personal Foreign Currency (PFC) account holders, via the Bank’s ‘FC Plus’ account.
Individuals who open an FC Plus foreign currency account at Commercial Bank will be eligible to receive an interest rate of 4.5% per annum for US Dollar deposits, the Bank said.
Interest will be calculated on the daily balance and credited to customers’ accounts monthly, enabling them to earn interest on interest, resulting in their foreign currency savings growing faster than other foreign currency accounts and earning a higher return than overseas deposit rates. ....

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ComBank raises interest rate on 'FC Plus' foreign currency accounts to 4.5-pct per annum – Lanka Business Online

Posted on
The Commercial Bank of Ceylon has announced a significant increase
in the interest rate offered to Sri Lankan Personal Foreign Currency (PFC)
account holders, via the Bank’s ‘FC Plus’ account.
Individuals who open an FC Plus foreign currency account at
Commercial Bank will be eligible to receive an interest rate of 4.5% per annum
for US Dollar deposits, the Bank said.
Interest will be calculated on the daily balance and credited to
customers’ accounts monthly, enabling them to earn interest on interest, resulting
in their foreign currency savings growing faster than other foreign currency
accounts and earning a higher return than overseas deposit rates. ....

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ComBank becomes Sri Lanka's first carbon-neutral bank - Adaderana Biz English

ComBank becomes Sri Lanka's first carbon-neutral bank - Adaderana Biz English
bizenglish.adaderana.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizenglish.adaderana.lk Daily Mail and Mail on Sunday newspapers.

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