02 May 2023 - {{hitsCtrl.values.hits}}
Pan Asia Bank cemented its position in the Business Today Top 40 ranking for the year 2022. The Business Today
Pan Asia Bank Director/CEO Naleen Edirisinghe receiving the award from President Ranil Wickremesinghe |
Top 40 2022 winners were recognized at a high profile corporate evening graced by President
Ranil Wickremesinghe.
Pan Asia Bank was recognized for showing positive financial growth amidst the turbulent situation of the country as its financial performance for the year 2022 shows judicious portfolio management and prudency exercised in managing asset quality. Naleen Edirisinghe, Director/ Chief Executive Officer (CEO) of Pan Asia Bank commented, “We feel an immense sense of pride in being recognized amongst Business Today Top 40 for 2022. Recording strong growth in a challenging year during which the nation underwent an economic crisis reflects our financial stability and
visionary management.
We were able to serve the nation by providing financial assistance to our customers and supporting our staff and local communities in which we operate to face the challenges. This ranking inspires us to achieve more milestones
going ahead.”
In this ranking, the Bank is among 40 corporates that reported positive growth, some posting history-making profits and double-digit growth. Pan Asia Bank maintains all its capital and liquidity ratios well above the regulatory minimum standards. In its 27th year, Pan Asia Bank is one of the strongest banks in Sri Lanka. The bank’s unique journey is underscored by innovation and good governance which positions it on a stable
footing ahead.
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