Sampath Bank PLC participated in the Wayamba Motor Show & Kedella Trade Fair Kurunegala 2026, reinforcing its commitment to supporting vehicle ownership and Sri Lanka’s evolving mobility landscape.
The two-day motor exhibition, organised by Elite Ventures Pvt Ltd, was held recently at Udawalpola Ground, Kurunegala, attracting more than 100,000 visitors. The event brought together automobile enthusiasts, prospective buyers, corporate representatives and industry stakeholders from across the Northwestern Province.
Recognised as one of the largest automotive showcases outside Colombo, the Wayamba Motor Show & Kedella Trade Fair Kurunegala 2026 featured leading automobile brands, electric vehicle providers, superbike manufacturers, lifestyle exhibitors and financial institutions under one platform.
The exhibition provided direct engagement opportunities between prospective buyers and solution providers, positioning it as an important platform for immediate business opportunities as well as long-term partnerships.
Throughout the event, Sampath Bank showcased its comprehensive range of vehicle financing and leasing solutions, designed to meet the needs of a diverse customer base, from first-time vehicle buyers to established entrepreneurs looking to expand their fleets.
Dedicated relationship teams at the Bank’s exhibition space engaged with visitors through personalised consultations, pre-approval services and guidance on structured repayment options tailored to individual customer requirements.
The event also highlighted the growing interest in electric vehicles (EVs) and sustainable mobility solutions across the Northwestern Province. By participating in a platform focused on innovation and future-ready transportation, Sampath Bank further demonstrated its role as a forward-thinking financial partner supporting Sri Lanka’s transition towards more environmentally responsible mobility choices.
Pan Asia Bank Crosses Rs. 350 Billion Assets as Half year Profits rises 16% to Rs. 2.5 Billion
Pan Asia Banking Corporation PLC reported a strong financial performance for the six months ended 30 June 2026, recording a Profit After Tax (PAT) of Rs. 2.5 billion, supported by continued business momentum and growth across key income streams.
The Bank’s Net Interest Income (NII) increased by 13%, while Net Fee and Commission Income grew by 28% compared to the corresponding period of 2025, reflecting sustained business activity and improved income generation.
Maintaining a prudent and forward-looking approach to risk management, Pan Asia increased its impairment charge by 32% during the period under review. The strategic increase further strengthened the Bank’s provision buffer, enhancing its resilience and preparedness to manage potential market challenges and unforeseen economic disruptions.
The Bank also reached a significant milestone during the first half of the year, with its total asset base surpassing Rs. 350 billion for the first time in its history. The achievement was supported by robust expansion in the loan portfolio, underpinned by sustained growth in customer deposits and reflecting continued confidence and trust among its customers and stakeholders.
Income Performance
Pan Asia Bank recorded total interest income of Rs. 18.21 billion during the first half of 2026, representing a 21% year-on-year increase. The growth was supported by the continued expansion of loans and advances, following the Bank’s strategic focus on strengthening its Corporate and Business Banking segments from the latter part of the previous year.
This focus has helped position the Bank for sustainable credit growth while supporting the expansion of its overall business operations.
Interest expense increased by 27% to Rs. 11.13 billion compared to the corresponding period of 2025. The increase reflected growth in deposits and borrowings, together with upward adjustments in interest rates across the industry amid evolving global economic conditions and geopolitical uncertainties.
Consequently, Net Interest Income grew 13% year-on-year to Rs. 7.07 billion. Meanwhile, the Bank’s Net Interest Margin (NIM) moderated marginally to 4.29%, compared with 4.55% in the corresponding period of 2025.
Sampath Bank Participates in Wayamba Motor Show and Kedella Trade Fair in Kurunegala
