Amana Bank is a licensed commercial bank in Sri Lanka practising Islamic finance

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AMANA BANK OPENS ITS FIRST SELF BANKING CENTRE AT SLAVE ISLAND

Amãna Bank inaugurated its first Self Banking Centre at Slave Island under the patronage of Chief Executive Officer Mohamed Azmeer alongside the Bank’s Director Jazri Magdon Ismail and members of the Management Committee. The Self Banking Centre, which is one of many to be launched, currently houses a Cash Deposit Machine and a Cheque Deposit Box to facilitate 24x7 transactions for customers.

Commenting on the Bank’s initiative to introduce Self Banking Centres, Chief Executive Officer Mohamed Azmeer stated “While customer’s have 24x7 access to over 4000 ATMs through the LankaPay network for withdrawals, their access to deposits was limited to only standard banking hours at our branches. With the introduction of our Self Banking Centre, customers now have the convenience of making deposits round the clock. We intend to expand this initiative to many more regions, thereby providing greater reach and access to our valued customers.”

The Slave Island Self Banking Centre is centrally located at No.113, Justice Akbar Mawatha, Colombo 2.

Amãna Bank is the country’s first and only Licensed Commercial Bank to operate in complete harmony with the globally growing non-interest based banking model. With the mission of Enabling Growth and Enriching Lives, the Bank reaches out to its customers through a growing network of 28 branches and 4000+ ATM access points and has introduced an array of customer conveniences such as Internet & Mobile Banking, Debit Card with SMS alerts, Online Account Opening, 365 Day Banking, Saturday Banking, Extended Banking Hours, 24x7 Cash Deposit Machines and Banking Units Exclusively for Ladies.

The Bank was recognized as the Best ‘Up-and-Comer’ Islamic Bank of the World by ‘Global Finance Magazine’ at the 18th Annual World’s Best Banks Award Ceremony held in Washington DC, USA. The Bank was also bestowed the coveted title ‘Islamic Finance Entity of the Year’ at the inaugural Islamic Finance Forum of South Asia Awards Ceremony.

Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah based IDB Group being the principal shareholder having a 29.97% stake of the Bank. The IDB Group is a ‘AAA’ rated multilateral development financial institution with a capital base of over USD 150 Billion which has a membership of 57 countries. Fitch Ratings, in October 2017, affirmed Amãna Bank’s National Long Term Rating of BB(lka) with a Stable Outlook. Amãna Bank does not have any subsidiaries, associates or affiliated institutions representing the Bank.

Chief Executive Officer Mohamed Azmeer officially launching the Amana Bank Self Banking Centre at Slave Island along with Director Jazri Magdon Ismail and members of the Management Committee.

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