Doha Bank has signed a memorandum of understanding (MoU) with Doha-based fintech startup Karty, in a strategic partnership aimed at promoting, improving, and
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Doha: Doha Festival City (DFC) has announced it has received three new prestigious accolades, including 2 World Business Outlook Awards and a Retail C.
Various news outlets have featured Christian as an influencer and marketing expert, gaining him attention from major media channels throughout the course of his career.
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, which now rank a