People’s Bank rewards Pan Asia Bank

In recognition of Pan Asia Bank’s recent accomplishment in raising Rs. 4 b through a debenture issue, People’s Bank awarded a special plaque to Pan Asia Bank Director/CEO Dimantha Seneviratne at the Pan Asia Bank Head Office. The Rs. 4 billion debenture issue of Pan Asia Bank which was jointly managed by Pan Asia Bank and People’s Bank Treasury/Investment Department was oversubscribed on the opening day itself receiving applications for over Rs. 5.6 b, mainly from reputed institutional investors