Pan Asia Bank opens 70th branch in Warakapola

Pan Asia Bank yesterday ceremonially opened its 70th Branch in Warakapola at No. 139, Kandy Road, Warakapola.

Chief Guest Senior Minister of Rural Affairs Athauda Seneviratne declaring the branch open. Guests of Honour Warakapola Town Council Chairman Kithsiri Wijetunga and Pan Asia Bank Chief Executive Officer Claude Peiris are also present

The Chief Guest at the occasion Senior Minister of Rural Affairs Athauda Seneviratne declared the new branch open together with the Guests of Honour Kithsiri Wijetunga – Chairman Warakapola Town Council and Claude Peiris – Chief Executive Officer of Pan Asia Bank.

Senior management of the bank, customers in the area, other distinguished guests, and well-wishers also graced the occasion. Warakapola branch would be the latest addition to the branch network of Pan Asia Bank.

Suranjith Wevita heads Pan Asia Bank Warakapola 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.

Pan Asia Bank has been in operation for 17 years and offers a full range of retail, SME and business banking products and services. Pan Asia Bank, which is one of the fastest growing banks in the industry opened 23 branches in 2011 and expects to further extend its branch network by the end of 2012.

Pan Asia Bank possesses an array of novel banking products including Champion Saver Savings Account, which offers 8% interest p.a., Daskam Children’s Savings Account that offers an additional 10% deposit on top of each and every deposit made to the account along with an enhanced interest of 8% (8.33% A.E.R.) on the total balance.

The bank also offers Prime banking to experience a new level of banking excellence, Nivasa home loans, leasing facilities and higher interest rate for fixed deposits with interest rates up to 16.75% p.a. for a period of five years.