Pan Asia Banking Corp PLC 2005 AR2
The report highlights Pan Asia Banking Corporation Limited's (PABC Bank) performance and activities for the fiscal year 2005, marking its tenth year of operation. The company achieved a significant turnaround, posting a profit after tax of Rs. 108.33 million, representing a 163% increase from the previous year. PABC Bank expanded its retail banking services, launched innovative products like the 'Dasalakshapthi' millionaire option and 'Sammana' senior citizen account, and received a bronze award for its multi-lingual SMS banking service. Additionally, the report outlines the bank's corporate social responsibility initiatives, including donating computers to rural schools, supporting tsunami-affected communities, and implementing environmental conservation practices such as paper recycling and energy-saving measures.
Company: Pan Asia Banking Corp PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2005
Type: AR2
Pages: 88
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Pan Asia Banking Corp PLC
Annual Report
The report highlights Pan Asia Banking Corporation Limited's (PABC Bank) performance and activities for the fiscal year 2005, marking its tenth year of operation. The company achieved a significant turnaround, posting a profit after tax of Rs. 108.33 million, representing a 163% increase from the previous year. PABC Bank expanded its retail banking services, launched innovative products like the 'Dasalakshapthi' millionaire option and 'Sammana' senior citizen account, and received a bronze award for its multi-lingual SMS banking service. Additionally, the report outlines the bank's corporate social responsibility initiatives, including donating computers to rural schools, supporting tsunami-affected communities, and implementing environmental conservation practices such as paper recycling and energy-saving measures.
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Document Details
Report Year
2005
Reporting Period
Jan 1, 2005 - Dec 31, 2005
Fiscal Year
2005
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees