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Pan Asia Bank

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Pan Asia Banking Corporation PLC
Company typePublic Limited Company
CSEPABC.N0000
IndustryFinance
FoundedMarch 6, 1995; 29 years ago (1995-03-06)
HeadquartersKollupitiya, Sri Lanka
Number of locations
85 (2019)[1]
Area served
Sri Lanka
Key people
Jayantha S.B.Rangamuwa (Chairman)
Nimal Tillekeratne (CEO)
ProductsBanking, Financial and Related Services
ServicesRetail banking, Corporate banking, Investment banking
RevenueIncrease Rs 21.097 billion (2019)[1]
Increase Rs 9.065 billion (2019)[1]
Increase Rs 1.715 billion (2019)[1]
Total assetsDecrease Rs 152.979 billion (2019)[1]
Total equityDecrease Rs 13.328 billion (2019)[1]
OwnerVallibel One (30%)
Bansei Securities (15%)
Seylan Bank PLC (10%)
Number of employees
Increase 1,629 (2019)[1]
Websitewww.pabcbank.com

Pan Asia Banking Corporation is a public limited company incorporated in Sri Lanka. The Company currently has 85 branches across Sri Lanka.A Public Limited Liability Company incorporated in Sri Lanka on 6 March 1995 under the Companies Act No.17 of 1982 and re-registered under the Companies Act No.07 of 2007. A licensed commercial bank under the banking Act No.30 of 1988 and listed in the Colombo Stock Exchange. PABC's major shareholder is Dhammika Perera. Fitch Rating BBB- (lka) - Outlook 'Stable'[2]

References

  1. ^ a b c d e f g "Pan Asia Bank Annual Report 2019" (PDF). Pan Asia Bank PLC. Pan Asia Bank PLC. 17 February 2020. Retrieved 15 December 2020.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Press Release: Branch opening".