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Pan Asia Bank Signs MOU with ICC to Propel Real Estate Growth

Pan Asia Bank, The Truly Sri Lankan Bank, proudly announces the signing of a Memorandum of Understanding (MOU) with ICC Pvt Ltd, a leading contractor, Developer & and Engineering Solutions provider in Sri Lanka. This strategic partnership aims to drive growth and innovation in the property Development sector, leveraging the strengths of both organizations to deliver unparalleled value to customers and stakeholders. 

Through this partnership, customers will have the option to finance their property purchases through Pan Asia Bank's housing loans, benefiting from customized financial solutions that meet their specific needs. This initiative is designed to support customers in their real estate needs by facilitating better access to financing options, and innovative solutions tailored to their lifestyles.

Naleen Edirisinghe, Director/CEO of Pan Asia Bank, expressed his enthusiasm for the partnership, stating, "This MOU with ICC marks a significant milestone for Pan Asia Bank as we continue to expand our support for the real estate sector. We believe that by combining our financial expertise with ICC's capabilities in the construction and real estate sector; we can drive transformative economic growth and while providing value to customers with convenient and tailored financial assistance under Pan Asia Banks housing loans"

Namal Peiris, Director/CEO of ICC, echoed these sentiments, saying, "We are glad to be associated with Pan Asia Bank, a company that has the similar values as we have – dedication to quality and progressive development. It is through this mutual cooperation that we shall be in a position to tackle projects of higher scope and create value to the diverse clientele and society in general."

Yohan Ebell, Chief Manager – Bancassurance, Remittances and Housing Loans, added, "Our housing loans are designed to provide flexible and competitive financing solutions, making homeownership more accessible for our customers. This partnership with ICC allows us to extend these benefits to more individuals looking to invest in quality real estate."

Established in 1980, International Construction Consortium (Pvt) Limited (ICC), with over 40 years of experience has become one of the largest and most respected Civil Engineering Organizations in Sri Lanka, with the promise of distinct service, experienced staff, a fleet of plant and equipment, the highest quality materials and a reputation for successfully integrating these aspects, to ensure the timely completion of projects. 

Pan Asia Bank, The Truly Sri Lankan Bank, is one of the fastest-growing and reputable financial institutions committed to providing exceptional banking services to its customers. The Bank has developed a unique reputation and culture of being ambitious, results-oriented, respectful and caring, and supportive of traditional values - a true testament of the brand’s positioning as a Truly Sri Lankan Bank. Pan Asia Bank's financial performance has been characterized by strength and resilience and it stands as one of the strongest banks in Sri Lanka. 

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