Pan Asia Banking Corporation PLC
CCSELK:PABC.N000045.30
LKR
-1.20
(-2.58%)
ISIN
LK0346N00003
Return %
Stock
S&P 500
1Y
-34.73
14.20
3Y
134.72
81.12
5Y
166.47
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Naleen Edirisinghe
- Full Time Employees
- 1,604
- Sector
- Finance
- Industry
- Regional banks
- Address
- Colombo Sri Lanka
- IPO Date
- Apr 5, 2005
- Website
- pabcbank.com
- Similar Companies
- Business
- Pan Asia Banking Corporation PLC is a Sri Lanka-based licensed commercial bank that provides a comprehensive range of retail, small and medium-sized enterprise, corporate, treasury, and Islamic banking services. The company operates through four principal business segments: Retail and SME Banking, Corporate Banking, Treasury and Investments, and Islamic Banking. Its product and service portfolio comprises deposit products, including standard savings accounts, children savings accounts, senior citizen accounts, foreign currency accounts, and fixed-term deposits; consumer and personal lending solutions, including personal loans, housing loans, educational loans, pension-backed credit facilities, vehicle leasing, and auto loans; payment card products, including credit cards and debit cards; trade finance services, including letters of credit, shipping guarantees, documentary collections, and import and export financing; corporate and commercial credit facilities, including working capital loans, project financing, overdrafts, and distributor finance; treasury services, including foreign exchange trading, government securities transactions in Treasury bills and Treasury bonds, money market operations, and liquidity management; pawning and gold loan facilities; and Sharia-compliant Islamic banking solutions under the Pan Asia Bank Imaan brand, encompassing Mudarabah profit-sharing deposits, Murabaha cost-plus financing, Diminishing Musharakah, and Ijarah leasing. In addition, the bank provides electronic banking services, including mobile banking applications, internet banking portals, electronic fund transfers, ATM and cash recycler services, utility payment processing, and inward remittance services through international remittance partners. Incorporated in 1995 and headquartered in Colombo, Sri Lanka, Pan Asia Banking Corporation PLC serves retail consumers, micro-enterprises, small to mid-sized commercial businesses, and corporate clients across Sri Lanka through a nationwide branch network, self-service automated teller terminals, and digital distribution channels. In recent developments, Pan Asia Banking Corporation PLC has executed strategic capital management initiatives, including the issuance of Basel III-compliant rated unsecured subordinated redeemable debentures to strengthen its Tier 2 regulatory capital adequacy and fund asset growth. The bank has accelerated its digital transformation roadmap by deploying modernized mobile and internet banking platforms equipped with biometric authentication, digital customer onboarding, and LankaQR payment integration to enhance customer engagement and processing efficiency. Furthermore, the company has expanded its sustainable and green financing portfolio, launching dedicated credit facilities for rooftop solar installations, energy efficiency projects, and environmentally sustainable enterprises in collaboration with international and local development finance frameworks. Pan Asia Bank has also broadened its international remittance network through strategic partnerships with global money transfer operators to support foreign exchange liquidity, while rolling out specialized credit schemes and advisory programs aimed at micro, small, and medium enterprises, agriculture, and export-oriented businesses across its regional footprint.