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 available at this location providing 24/7 customer convenience.
Commenting on the branch opening Rohana Dissanayake, Chairman Assetline Leasing Company Ltd. said; “The opening of our Ambalangoda Branch reinforces our commitment to provide effective, customized financial solutions while enhancing convenience to the local community. We continue to innovate and craft products and services that evolve
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 Profits before VAT on Financial Services reached Rs. 1,197 Mn with an increase of 47%, reflecting excellence in core banking performance and the success of cost containment measures evidenced by improvement in all key matrices which now rank among the industry bests. This feat was achieved even after setting aside provisions for probable loan losses amounting to Rs. 638 Mn. The Bank increased the pro
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 May, 2021.
Union Bank records steady growth with favourable 1Q results
April, 30, 2021
Core Banking Growth and Profitability
Union Bank ended the first three months of 2021 with a strong performance, reflecting a steady growth momentum and fueling favourable expectations.
Union Bank’s core banking performance was propelled by focused efforts on strategically significant product and service propositions. Despite challenges that continued to prevail during the review period, the Bank’s re-strategised product and service prioritisation and swift action to capitalise on the positive sentiments in the macro-economic dynamics since the roll-out of the vaccination campaign, paved the way for this growth in the first quarter of 2021.
Shareholders of Soneri Bank Limited approve 2020 annual results dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.