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PAN ASIA Bank marks 30 years with outstanding nine-month financial performance with a PAT of over Rs. 3 billion

The Island

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October 29, 2025

Pan Asia Banking Corporation PLC reported a stellar financial performance for the nine months ended 30th September 2025, reaffirming its resilience and strategic agility amid a gradually recovering yet challenging macroeconomic environment.

The Bank recorded a 36% increase in Profit After Tax (PAT), reaching Rs. 3.02 billion, and an Earnings Per Share (EPS) of Rs. 6.83, reflecting strong portfolio and cost management, coupled with a steadfast commitment to sustainable profitability.

The Bank’s unwavering commitment to maintaining superior asset quality was demonstrated by sustaining one of the lowest Stage 3 Loan Ratios in the industry at 2.06% as of 30th September 2025-reflecting the strength of its prudent credit risk management and robust underwriting practices.

MÁS HISTORIAS DE The Island

The Island

PAN ASIA Bank marks 30 years with outstanding nine-month financial performance with a PAT of over Rs. 3 billion

Pan Asia Banking Corporation PLC reported a stellar financial performance for the nine months ended 30th September 2025, reaffirming its resilience and strategic agility amid a gradually recovering yet challenging macroeconomic environment.

time to read

1 mins

October 29, 2025

The Island

Sri Lanka welcomes ‘Hello, to More’ as GWM and David Pieris Automobiles announce strategic partnership

David Pieris Automobiles (Private) Limited (DPA), the four-wheeler sales arm of the David Pieris Group of Companies, has been appointed as an authorised seller and distributor for GWM, a global automotive giant, in Sri Lanka.

time to read

2 mins

October 29, 2025

The Island

A review of Sri Lanka's genetic inheritance challenge

The recent findings on consanguinity rates in Sri Lanka by Dr. Thurairajah's team, as reported in The Sunday Times, have brought a longstanding but often private practice into the public health discourse.

time to read

5 mins

October 29, 2025

The Island

The Island

Shafali Verma replaces injured Pratika Rawal in India's World Cup squad

Shafali Verma originally not part of India's Women's World Cup squad - either the main 15 or the reserves - has received a late call-up as a replacement for Pratika Rawal, who has been ruled out with an ankle injury.

time to read

2 mins

October 29, 2025

The Island

The Island

Sri Lanka's women's cricket on the rise

Missing out on the last Women’s World Cup in New Zealand was a bitter pill to swallow for everyone involved in Sri Lankan cricket.

time to read

2 mins

October 29, 2025

The Island

CJI Gavai recommends Justice Surya Kant as next Chief Justice of India

Chief Justice of India (CJI) Bhushan Ramkrishna Gavai, who is set to retire on 23 November, at the age of 65, has recommended Justice Surya Kant to be the next CJI, officially starting the process to choose his successor.

time to read

1 mins

October 29, 2025

The Island

Managing motion sickness

Travelling should be an enjoyable experience, but for many the onset of queasiness, dizziness and nausea can turn a seemingly harmless journey into a distressing episode of Motion Sickness.

time to read

2 mins

October 29, 2025

The Island

Does Sri Lanka contribute to global intellectual expansion of Social Sciences and Humanities?

Let me begin with a confession.

time to read

8 mins

October 29, 2025

The Island

Battle for T20 World Cup favouritism begins

While ODI series had relatively little meaning other than both teams taking some early steps on the road to the 2027 World Cup, the five-match T20I series beginning in Canberra on Wednesday night is of far greater significance for the near term.

time to read

1 min

October 29, 2025

The Island

New CNI appointed

Maj. Gen. Ruwan Wanigasooriya, Chief of National Intelligence (CNI), retired on Monday (27).

time to read

1 min

October 29, 2025

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