Pan Asia Bank opens 80th branch in Kottawa

Pan Asia Bank Director/Chief Executive Officer Dimantha Senevirathna accepting the first deposit at the Kottawa branch opening

Pan Asia Bank Director/Chief Executive Officer Dimantha Senevirathna declaring the branch open with Pannipitiya Dharmapala College Principal K.G. Wimalasena while Sri Lankan cricket player Lahiru Thirimanne, popular actress Oshadi Hewamadduma, Pan Asia Bank Chief Operating Officer Kamoor Sourjah, Retail Banking & SME Deputy General Manager Naleen Edirisinghe and Kottawa Branch Manager Prasad Keerthi Amarasekera look on

Pan Asia Bank ceremonially opened its 80th branch in Kottawa on 21 January at No. 364/11, Highlevel Road, Kottawa.

Pan Asia Bank Director/Chief Executive Officer Dimantha Senevirathna was the Chief Guest at the opening, and the senior management of the bank, members of the business community and customers in the area were among the other distinguished guests.  

Speaking at the opening ceremony Seneviratne stated that Pan Asia Bank is extremely happy that they were able to open the doors to fast innovative banking solutions that are based on understanding true customer requirements, to Kottawa. He further stated that as the fastest growing commercial bank in Sri Lanka, it was fitting that Pan Asia Bank makes its presence in Kottawa being one of the fastest growing cities in Sri Lanka.

Pan Asia Bank, which has been expanding the horizons of the local banking industry with its innovative banking products and impressive growth record, was recently recognised as the ‘Fastest Growing Commercial Bank in Sri Lanka’ by Global Banking & Finance Review for the second consecutive year. 

In addition, Pan Asia Bank’s innovative leasing product ‘Budget Leasing’ which enables customers to reach for a vehicle of higher value while paying an affordable rental, was awarded the ‘Most Innovative Banking Product in Sri Lanka – 2015’.

The bank has earned a strong reputation as an organisation that has consistently offered true value added products to the Sri Lankan market over the years. Some of the innovative products that have been introduced recently are ‘Aspire’ higher education loan scheme, the ‘Budget Leasing’ product with a residual value, ‘Pan Asia Bank Black Master Card’ which carries a low interest rate of 19.75% p.a. with no joining fees or hidden charges, ‘Daskam’ Children’s Savings account which offers an additional 10% deposit by the bank for each and every deposit, the ‘Champion Saver’ Savings Account which offers an annual effective interest rate of 6.25% and the pioneering ‘Sammana’ loan scheme for pensioners which was recognised in 2014 as the Most Innovative Banking Product in Sri Lanka. 

In addition to winning these global accolades Pan Asia Bank which celebrated its 20th Anniversary in 2015 won several local awards including a merit award at the National Business Excellence awards and also a Silver award for people development at the SLITAD People Development Awards 2015, organised by the Sri Lanka Institute of Training & Development (SLITAD)

Prasad Keerthi Amarasekera heads the Pan Asia Bank Kottawa branch. The branch will be open from 9 a.m. to 4 p.m. on weekdays and from 9 a.m. to 1 p.m. on Saturdays.