📈 Pan Asia Bank to Raise Rs. 5 Bn via Debenture Issue

• Pan Asia Banking Corporation PLC has received Board approval to raise up to Rs. 5 billion through a listed, rated, unsecured, senior, redeemable debenture issue. • Issue Details: The bank plans to issue up to 50 million debentures at a face value of Rs. 100 each. • Tenor & Listing: The proposed instruments will carry tenors of up to five years and are intended to be quoted on the Colombo Stock Exchange (CSE). • Status: The move is subject to necessary regulatory approvals following the Board's decision on 26 February 2026. • Context: This capital raising initiative supports the banking & financial services sector's liquidity and long-term funding structures within the Sri Lankan economy. _Note: Based on official bank disclosure dated 03 March 2026._