Pan Asia Bank celebrates 30 years with strong growth
View(s):Pan Asia Banking Corporation PLC has reported a strong financial performance for the nine months ending September 30, 2025, reaffirming its resilience and strategic agility amid a gradually recovering yet challenging macroeconomic environment amidst strong growth in its 30 years of existence.
The bank recorded a 36 per cent increase in Profit After Tax, reaching Rs. 3.02 billion, and an Earnings Per Share of Rs. 6.83, reflecting strong portfolio and cost management, coupled with a steadfast commitment to sustainable profitability.
The bank’s commitment to maintaining superior asset quality was demonstrated by sustaining one of the lowest Stage 3 Loan Ratios in the industry at 2.06 per cent as of September 30, 2025 reflecting the strength of its prudent credit risk management and robust underwriting practices, the bank said in a media release.
The bank achieved 38 per cent growth in net fee and commission income during the period under review, helped by strong demand for loans and advances in a low-interest rate environment and favourable macroeconomic conditions. Additionally, fee income from trade and remittance services recorded substantial growth, further demonstrating the bank’s diversified revenue capabilities and operational strength.
The investments in people development reinforce the bank’s focus on attracting, retaining, and developing high-calibre professionals who are essential for delivering superior customer experiences, fostering innovation, and sustaining long-term shareholder value.
Naleen Edirisinghe, Director and Chief Executive Officer of Pan Asia Bank, said: “Pan Asia Bank’s strong performance during the first nine months of 2025 reflects our disciplined execution and unwavering focus on value creation. Despite a dynamic operating environment, we achieved steady growth and improved profitability, underscoring the strength of our core banking strategy and the trust our customers continue to place in us.”
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