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

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Amãna Bank partners with mCash

Marking yet another significant milestone in its journey, Amãna Bank has partnered with mCash, one of Sri Lanka’s leading payment platforms offered by Mobitel, thereby facilitating the Bank’s customers with a convenient solution to pay a host of utility and service bills at the comfort of the Bank’s branch.

Through this partnership, both customers of the Bank as well as the public can walk in to any of the Bank’s 28 branches located island-wide and settle their mobile bills, water bills, electricity bills (CEB and LECO), satellite TV bills as well as institutional payments. This partnership further facilitates customers willing to donate to charity projects such Helpage and SOS Children’s Village. Customers using mCash via Amãna Bank are not required to register with mCash nor be an Amãna Bank or a Mobitel Customer. Existing mCash customers can also top-up their account at any Amãna Bank branch.

Commenting on this partnership Amãna Bank’s Chief Executive Officer Mohamed Azmeer stated “The mCash payment facility delivers great convenience to customers and we are indeed happy to extend such convenience to our customers through our branch network. Customers can now easily carry out a multitude of payment transactions in addition to other banking transactions, thereby saving time for the customer.”

Also sharing his thoughts Mobitel, Chief Executive Officer Nalin Perera said, “We are pleased to join hands with the reputed Amana Bank to offer enhanced convenience to their customers. mCash is transforming the lives of people by empowering them to attend to all their financial transactions with just a few clicks on their mobile phones. This strategic partnership will no doubt extend unimaginable flexibility and speed to Amana Bank’s customers.”

Amãna Bank is the country’s 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 network of 28 branches, 4000+ ATM access points, 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.

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 an authorized capital 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.

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