Pan Asia Banking Corporation PLC (PABC)

Pan Asia Banking Corporation PLC provides financial services in Sri Lanka. It operates through Retail and SME Banking, Corporate Banking, and Treasury segments. The company offers personal, corporate, SME, business, retail, and offshore banking; overdrafts; project and trade financing; treasury and investment services; credit and debit cards; resident and non-resident foreign currency operations; telephone, internet, and mobile banking; money remittance; and pawning, leasing, and travel related services, as well as deals in government securities. It also provides current and senior citizen accounts; special, children, and BlueChip money market savings accounts; personal and business foreign currency accounts; inward investment, capital transaction rupee, non-resident rupee, dollar MAX savings, and special deposit accounts; target investment plans; housing, personal, and aspire educational loans; safety locker facilities; Pan Asia BizFriend accounts; fixed, rising fixed, personal and corporate foreign currency fixed, and call deposits; and term and revolving loans. In addition, the company offers project, working capital, bridging, and contract financing; guarantees; expansions, relocations, and diversifications; green banking and micro finance; exchange rates; and REPO, reverse REPO, treasury bills, treasury bonds, and Sri Lanka development bonds. Further, it engages in trade operations that include imports, which comprises letters of credit, collection bills, outward remittances, import financing, and issuance of shipping guarantees; exports, including LC advising, handling of collection bills, bill negotiations/purchasing, and pre and post shipment financing; and provision of local guarantees and trade related advisory services. Pan Asia Banking Corporation PLC was incorporated in 1995 and is headquartered in Colombo, Sri Lanka.