Pan Asia Bank opens in Moneragala

Pan Asia Bank further expanded its branch network on 3 November with the opening of its 59th branch at No. 25, Bus Stand Road Moneragala.

The new branch was declared open by the Chief Guest, Chairman of Pan Asia Bank A.G. Weerasinghe and the guest of honour Pan Asia Bank CEO Claude Peiris. The opening ceremony was graced by the Chairman of Moneragala Pradesheeya Sabha R. M. Ratnaweera, Uwa Provice Counselor Dayaratne Bandara, Advisor to the Uwa province Chief Minister C. E. Jayasooriya, customers in the area, other distinguished guests and well-wishers.

Pan Asia bank Moneragala branch is headed by Y. M. Somapala and the branch will be opened from 9.00 a.m. to 4.00 p.m. on weekdays and from 9.00 a.m. to 1.00 p.m. on Saturdays.

Listed in the Colombo Stock Exchange and in operation for 16 years, it offers a full range of retail and business banking products and services.

Pan Asia Bank has already opened 18 branches within the year, and continues its vigorous expansion drive with a view of achieving 25 new branches in 2011 and 100 branches by the end of 2012.

Pan Asia Bank takes pride in its customer centric focus and will be offering a highly personalised service, competitive deposit and loan rates and an array of novel banking products including the Champion Saver account with an attractive interest of eight per cent for a savings account, three types of minor savings accounts, Gold Loans with the highest advance amount per sovereign, and leasing at the lowest market rate down to one per cent.