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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
PABC.N0000 (Pan Asia Banking Corporation PLC) EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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    PABC.N0000 (Pan Asia Banking Corporation PLC)

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Thu Mar 03, 2016 3:49 pm

    Eventhough Pan Asia Bank is a commercial bank its revenue has been lower than two NBFIs .

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    Post by yellow knife Thu Mar 03, 2016 3:52 pm

    Revenue has been growing steadily over a decade.

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    Post by yellow knife Thu Mar 03, 2016 3:53 pm

    Profit was not recorded in a steady line.

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Thu Mar 03, 2016 3:54 pm

    Term Loans, ODs and LRR were the main assets .

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Thu Mar 03, 2016 3:56 pm

    Once Term Loans and ODs removed rest of the loans and assets can be highlighted as following.

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Thu Mar 03, 2016 3:58 pm

    Bank has strategically moving out of Pawning to Leases. However 2016 Budget proposal if implemented in the original spirit, that would have been a very negative factor to the bank.

    As there is no ruling to cease leasing operations by banks as initially proposed there won't be any impact as expected.

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    Last edited by yellow knife on Wed Mar 16, 2016 7:20 am; edited 1 time in total
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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Thu Mar 03, 2016 4:00 pm

    This is the first commercial bank to be analyzed by me. However when evaluating Capital Adequacy ratio, if the company prefers to grow more it may consider rights issues to enhance paid up authorized capital or another debenture issue..

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    Post by yellow knife Thu Mar 03, 2016 4:02 pm

    Net Assets position is growing steadily...

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    Post by yellow knife Thu Mar 03, 2016 4:03 pm

    Non Performing Loan ratios

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Thu Mar 03, 2016 4:07 pm

    PABC is aggressively into credit cards.



    Pan Asia Bank’s credit card portfolio

    grew by 150% compound annual

    growth rate during the last 3

    years faster than the industry by

    maintaining a much higher quality

    portfolio than the industry

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by First Guy Fri Mar 04, 2016 7:19 am

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    Post by yellow knife Thu Mar 17, 2016 11:53 am

    Compared to the size of the business portfolio and PAT, PABC is involved in a different strategy and focus more on businesses with high return like credit cards, margin trading, leasing etc.

    Following is a comaprision between SEYB and PABC

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    **********************************************************

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    ******************************************************

    Even though I have not done a complete research on Margin providers, at a glance ( among top twenty lists of listed companies ) SEYB, PABC and PLC.N appears quite often.

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    **********************************************************

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by First Guy Wed May 04, 2016 8:10 am

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    After March 2016 results

    P/E - 6.4x
    P/B - 1.3x
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    Post by yellow knife Wed May 04, 2016 8:34 am

    Thanks FG

    Seems PABC is attractive.
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    Post by yellow knife Wed Oct 19, 2016 8:18 am

    Rating agency downgrades PABC to BBB-lka with stable out look, from BBB lka with a negative out look.

    Warns volatility in working conditions to add pressure to credit metrics

    Capital raising likely to be problematic amid increased country risk

    PABC says above average growth improved profitability and NPL.

    Source : daily ft
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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Mon Mar 20, 2017 7:30 am

    Year 2016

    We are going to highlight the performance of PABC for 2016 based on its annual report.

    First I like to quote from another discussion we had.

    by [You must be registered and logged in to see this link.] on Sat Mar 18, 2017 4:45 am

    Is that possible you to include all the banks in one chart as you did for total revenue. If we do so, I sense PABC will be out performing followed by Sampath as per my past studies.

    Now lets look at whether PABC has out performed the rest of banks.

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    Post by yellow knife Mon Mar 20, 2017 7:34 am

    It appears that the whole banking industry is moving in a similar pattern and we have to evaluate many banks to arrive at a conclusion.

    ****************************************

    Now if we see the revenue of PABC separately.

    Yes , PABC is recording an exponential growth..

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    Comparison of Sampath at a glance

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    Post by yellow knife Mon Mar 20, 2017 7:35 am

    I preferred to compare PABC with two leading NBFIs than with banks. Once PABC is compared with commercial banks, it gets dwarfed by other Gullivers.

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    Post by yellow knife Mon Mar 20, 2017 8:18 am

    As PABC is a small bank it has to focus mostly on areas where NBFIs are strong like Leasing, Pawning, Margin Trading and it has increased Gold Loans again in 2016 reversing the downward trend.

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    Post by yellow knife Mon Mar 20, 2017 8:23 am

    AS LTV ( Loan to value ) ratio hits the vehicle leasing market , gold is becoming the saviour again. Very soon we may find all small banks and NBFIs fighting in Gold Pawning and Gold Loan business.

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    Post by yellow knife Mon Mar 20, 2017 8:31 am

    Credit Cards and Personal loans provide very high returns to banks..

    PABC has focused efficiently on credit cards and the portfolio is growing faster.

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Mon Mar 20, 2017 8:35 am

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Mon Mar 20, 2017 8:42 am

    EPS of PABC

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Mon Mar 20, 2017 8:45 am

    Net assets of the bank

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    PABC.N0000 (Pan Asia Banking Corporation PLC) Empty Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

    Post by yellow knife Mon Mar 20, 2017 8:51 am

    No of Branches and No of employees growth.

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