Pan Asia Bank achieves PAT of Rs.4 b for 2nd consecutive year
View(s):Pan Asia Banking Corporation PLC has reported a strong financial performance for 2025, marking a year in which the bank reinforced its position among Sri Lanka’s steadily expanding financial institutions.
The bank’s overall asset base last year surpassed Rs. 300 billion, reaching Rs. 308.02 billion, its largest balance sheet to date while Profit After Tax amounted to Rs. 4.01 billion, the bank said in a media release.
Total operating income grew to Rs. 16 billion, supported by resilient net interest generation and sharp growth in non-interest revenue. Even though benchmark interest rates trended downward for much of the year reducing gross interest income at the market level, the bank protected its core income through proactive liability repricing, careful funding management, and the retirement of high-cost borrowings.
2025 stands out as the bank’s strongest year of underlying profitability in its 30-year history. Underlying Profit After Tax surged 35 per cent to Rs. 4.01 billion while underlying Profit Before Tax climbed an impressive 52 per cent, highlighting the bank’s accelerating earnings momentum. These gains reflect the depth of the bank’s core business strengths, broad‑based revenue growth, and disciplined margin management during a year shaped by declining interest‑rate conditions, the statement said.
Credit quality improved significantly. The Stage 3 loan ratio declined to 1.73 per cent from 3.10 per cent a year earlier one of the greatest improvements within the sector—reflecting the bank’s continued emphasis on high‑quality underwriting, better borrower monitoring, and an effective early‑warning framework. Impairment expenses normalised following the unusually large reversal seen in 2024.
The bank recognised Rs. 520.81 million in Expected Credit Loss provisions in 2025, reflecting strong loan growth, updated macroeconomic parameters, refinements to impairment models, and additional adjustments to factor in climate-related risks following Cyclone Ditwah.
Bank Chairman Aravinda Perera said,“2025 was a landmark year for Pan Asia Bank, marked by our strongest underlying performance to date and a meaningful strengthening of the Bank’s financial foundation.”
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