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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, which now rank a

Sri lankaSri lankanPan asiaJayantha sb rangamuwaBank net asset valueFinancial servicesBank liquidity coverage ratioBank grossBank regulatory gross nonPan asia banking corporationForeign exchange incomeCash management bank sri lankaFastest growing commercial bankSri lankan bankCommission incomeInternational business magazine

Access Bank Targets Domination

Focus Goddy Egene with steady growth in financial performance, rapid expansion and drive, Access Bank Plc is moving to dominate and deliver better value to all stakeholders When Access Bank Plc merged with Diamond Bank Plc in 2019, it was in line with its vision “to be the world’s most respected African bank.” After the merging Access Bank became one of Africa’s largest retail banks by retail customer base. With over 900,000 shareholders (including several Nigerian and International Institutional Investors), the bank has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last 12 years and going by its latest financial performance and strategies, Access Bank Plc is on its way to dominate the African continent in the very near term.

South africaUnited kingdomSouth africanHerbert wigweAjoritsedere awosikaGoddy egeneBennie van rooyEric akinduroInternational institutional investorsGrobank limited of south africaAccess bankAccess bank south africaAccess bank zambiaShareholders association of nigeriaDiamond bank plcTransnational bank

OPPO releases new OPPO A54 in Sri Lanka

OPPO, the leading global smart device brand, announces the launch of OPPO A54 in Sri Lanka. A54’s attention to design and great usability is evident in both its exquisite appearance and how it helps to capture great looking shots. This starts with the Material of the Rear Cover, which uses metallic material for its 3D panel, but contributes to a stronger and less bendable structure but also a comfortable in-hand feel. As a result, A54 weighs about 192g and is 8.4mm thin. To align the overall look and feel of the phone, close attention is paid to the Middle Frame Process.

Sri lankaSri lankanBank operatingBank net interest incomeBank preFinancial servicesBank net interest marginPan asia banking corporationForeign exchange incomeBank ratioCommission incomeBank net feePan asia bankPre tax profitPost tax profitOperating profits

SLIIT nurtures school children at Soft Skills + 2021 – The Island

SLIIT nurtures school children at Soft Skills + 2021 – The Island
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

Sri lankaSri lankanBank operatingBank net interest incomeBank preFinancial servicesBank net interest marginPan asia banking corporationForeign exchange incomeBank ratioCommission incomeBank net feePan asia bankPre tax profitPost tax profitOperating profits

SEC to showcase Sri Lanka as an attractive destination for foreign portfolio investment

SEC to showcase Sri Lanka as an attractive destination for foreign portfolio investment
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.