Green lending helped us create a strategy to grow stronger in servicing our customers, the environment, people and ultimately, the country.
–Nimal Tillekeratne, CEO
IMPACT CASE – PAN ASIA BANKING CORPORATION
Spearheading green lending in Sri Lanka
Being ahead of the curve in green initiatives has become a competitive advantage for PABC. It’s put the bank at the forefront of the sustainable finance trend that has emerged in Sri Lanka and is very valuable in attracting new clients.
But how does an institution get into this position from knowing virtually nothing about green lending at the beginning? Taking the risk in introducing a new technology for the agriculture sector turned out to be a win-win, improving the livelihood of farmers and sustaining a key sector of the Sri Lankan economy.
The bank has come to realize that green investments simply mean good investments. Sustainable banking is the way forward for a country like Sri Lanka – and it’s also a winning business strategy.