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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

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.

Assetline Leasing now in Ambalangoda

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

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