PAN ASIA BANK TOGETHER WITH CBH LANDS IN A NOVEL PARTNERSHIP TO ASSIST POTENTIAL LAND BUYERS

 Pan Asia Bank which has played a pivotal role in promoting the development of the local economy – with a special emphasis on supporting SMEs has once again come up with a novel strategy to assist the real estate business with the purpose of assisting potential land buyers. In line with this goal, Pan Asia Bank has designed an exclusive personal loan for the potential clients of CBH Lands which is a trusted Real Estate Developer mainly focusing the Kurunegala District,  an Area which is highly developing. In this context, a personal loan has been designed by PABC for the advance payment amount which should be paid by the client in order to book a land to be purchased from CBH Lands. This is the first time in banking history that a personal loan of this nature has been developed and PABC believes that the bank can share a part of the financial liability of the client with a view of paving the way for the client to acquire a stable asset with a long-term potential in appreciation of value.

Pan Asia Bank was crowned the “Fastest Growing Commercial Bank in Sri Lanka – 2021” by International Business Magazine in 2021. Having recognized in the recent past by many local and global entities for numerous aspects of excellence in the Banking sphere, this award is a great source of pride and honour for Pan Asia Bank. Moreover, the Bank was recently bestowed with the prestigious “Best Bank for Treasury Activities Sri Lanka – 2021” awarded by the Global Banking & Finance Awards 2021. 

A respected name in real estate development for over a decade, the objective of CBH Lands is investment and sales across the country, especially within Kurunegala District in the North Western Province. The exclusive mark of excellence about CBH Lands is that they have customized the locality and the size of the land in accordance with the requirements of the client whilst ensuring that the land is screened, legally cleared and then developed according to the needs of the client. It is apt to mention here that, CBH lands caters to a diversified array of clients who needs property for residential purposes and long-term investment purposes such as business collateral, university /college funds and retirement purposes. 

With the Sri Lankan economy at a crucial juncture, PABC has taken an initiative to fulfill the duty in taking part in a sustainable task by facilitating the SME sector as well as the general public in acquiring an asset which can be further described as a twofold contribution to the economy.

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