PAN ASIA BANKING CORPORATION
RANK 22
NUMBER OF AWARDS 19
Q: How important is it to ensure fairness and transparency in an awards process?
A: The process of awarding recognition is important as it standardises practices and provides a structured perspective. Awarding criteria offer a systematic approach, ensuring transparency and fairness, establishing guidelines for excellence.
When an organisation receives an award, its methods and efforts become a benchmark, guiding others in similar endeavours. This fosters a following and underscores the significance of fairness and transparency. Without these elements, awards lose their authenticity.
Winning an award is only the beginning – the knowledge gained from the process is invaluable and can be replicated for continued advantage. Fairness and transparency are crucial as they pave the way for sustainable growth and development at all levels.
Q: What value do awards add to entities operating in today’s business landscape?
A: We find ourselves in challenging times as a country – the past four years have proven to be the most demanding yet. In such a context, gaining recognition through an award holds significance as it’s a validation of achievements and efforts.
Despite the circumstances, the recognition received lies in being acknowledged for doing what’s right. This becomes especially crucial when individuals and organisations are facing challenges at every turn.
When excellence shines through even amidst the toughest times, being recognised serves as a powerful motivator. It not only encourages individuals and organisations to persevere but also affirms that their efforts are making a difference.
While awards provide encouragement, it’s the acknowledgment of resilience and success in trying times that truly pushes organisations forward. When they triumph over adversity and challenges, they’ve not only survived but thrived.
Q: What do corporate awards mean to employees, both existing and new?
A: Awards instil a sense of trust and belongingness in an organisation, boosting confidence. For current employees, receiving an accolade reaffirms their contributions and fosters a sense of pride in the organisation. It serves as validation that their efforts are valued and impactful.
For new recruits, awards indicate that the organisation excels in its endeavours. It’s similar to receiving a certificate after passing an exam – it validates one’s capabilities and achievements. While individuals join organisations to work, awards ultimately provide tangible evidence of excellence and accomplishment.
Q: How do you think awards have helped shape the banking sector?
A: Banks stand as the cornerstone of the financial system, playing a pivotal role in the country’s economic landscape. Given their substantial presence and impact, banks serve various aspects of business operations.
Recognition through awards validates their achievements and also provides a platform for other industries to learn and emulate success. The interconnected nature of banking makes it pivotal in facilitating the functions of all other sectors.
Awards programmes are integral for banks as they offer a platform to showcase the excellence of products and services. By receiving recognition, banks not only solidify their position as industry leaders but also inspire innovation and excellence across the board.
Q: What about the ability of smaller businesses to compete with larger corporates through award schemes?
A: As a relatively young brand, Pan Asia has emerged as one of the most awarded entities, challenging the notion that only large organisations can gain such recognition. Our success stems from a focussed approach in which we prioritise excellence in areas where we excel.
We continuously strive to innovate and explore new avenues, particularly in technology, processes, marketing and business strategies.
Furthermore, our commitment to innovation extends beyond our products – it encompasses our role as a responsible corporate citizen.
Despite not being the largest, Pan Asia remains deeply invested in social wellbeing, community engagement and sustainability initiatives. Pan Asia’s array of awards, particularly those related to sustainability and CSR projects, reflects our dedication to environmental preservation and national excellence.
We actively engage in community upliftment efforts, striving to make a positive impact beyond the confines of our business operations. As a truly Sri Lankan bank, Pan Asia is committed to continuing its journey towards ensuring excellence in everything we do.
Telephone: 4667222 | Email: customerservice@pabcbank.com | Website: www.pabcbank.com