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Pan Asia Bank's first nine months performance reflects resilience amid adversities – The Island

Pan Asia Banking Corporation PLC reflected resilience amidst a multitude of adversities emanating from challenging macro-economic conditions. The Bank’s financial performance for the period ended 30th September 2022 demonstrates judicious portfolio management and prudency exercised in dealing with possible fallout on its asset quality from the sharp increase in interest rates. During the period under […] ....

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Pan Asia Banking : Interim Financial Statements for the nine months ended 30th September, 2022

INTERIM FINANCIAL STATEMENTS

FOR THE NINE MONTHS ENDED 30TH SEPTEMBER 2022

COMPANY REGISTRATION NO : PQ 48

. | November 14, 2022 ....

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SBI found to be the least efficient bank in Asia-Pacific zone: S&P Global Market Intelligence report

India's largest bank State Bank of India's cost-to-income ratio rose 911 bps year-on-year to 71.06 per cent in the June quarter, mostly due to losses on investments . ....

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Tier-1 Banks Witnessed Hike in CIR on Inflationary Pressure, Others

Tier-1 Banks Witnessed Hike in CIR on Inflationary Pressure, Others
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Pan Asia Bank records post tax profit of Rs.3Bn for the year 2021, up by 50-pct; 4Q profits cross Rs.1Bn for first time

Pan Asia Banking Corporation PLC reported a remarkable performance for the year 2021 to report a Pre-Tax Profit of Rs. 4,034 million and a Post-Tax Profit of Rs.3,075 million with growth rates of 42% and 50% respectively, while demonstrating the resilience amidst challenging macroeconomic conditions ....

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