HomeNewsAchieving Growth Amidst Adversity: Pan Asia Banking’s Success Story

Achieving Growth Amidst Adversity: Pan Asia Banking’s Success Story

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Pan Asia Banking Corporation PLC demonstrated a resilient performance in the face of various challenges. The bank achieved a notable pre-tax profit of Rs. 2,328 Mn for the fiscal year ending December 31, 2023, marking a remarkable 258% increase compared to the previous year. This growth was attributed to improved net interest income, increased trading gains from government securities, and reduced exchange losses. Such positive results are a testament to the bank’s judicious portfolio management and prudent approach in navigating challenging economic conditions.

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