Pan Asia Bank felicitated for exemplary professionalism by the Central Bank of Bangladesh

In a ceremony at Bangladesh Bank headquarters in Motijheel recently, officials from Sri Lanka’s Pan Asia Banking Corporation (PABC) received high praise for thwarting a major cyber fraud aimed at siphoning US $20 million from Bangladesh Bank’s account at the Federal Reserve Bank of New York.

Bangladesh Bank Governor Dr Ahsan H. Mansur led the honour, commending the Sri Lankan team’s “vigilance, professionalism, and integrity” in detecting and stopping the fraudulent transaction. He remarked the incident was not just financial protection — it reaffirmed global trust in banking oversight.

The ceremony showcased the spirit of cross-border cooperation. It included cultural performances and multimedia presentations celebrating Bangladesh’s economic progress and shared commitment to fighting financial crime. Both nations reaffirmed their dedication to strengthened collaboration in regulatory frameworks, cybersecurity, and financial intelligence.

Among the guests were the Sri Lankan High Commissioner, senior executives from PABC, several Deputy Governors of Bangladesh Bank, and representatives from the Financial Intelligence Unit.

The recognition highlights a growing trend of international collaboration aimed at safeguarding global financial systems. In an era where cyber-attacks transcend borders, such alliances reinforce resilience and confidence in regional financial governance.