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

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Badulla welcomes Amana Bank

Amana Bank further expanded its branch network on 2 May 2013 with the opening of its 21st branch in Badulla, located at No. 22, Lower Kings Street, Badulla. With the opening of the Badulla branch, the Bank marked its initial presence in the Uva Province of Sri Lanka. The opening ceremony was graced by the Mayor of Badulla, Hon Upali Nissanka Gunasekara, Amana Bank's Managing Director/CEO Mr Faizal Salieh, Chief Operating Officer, Mr Mohamed Azmeer, members of the Corporate Management Team, other invitees and residents of the locality.

Addressing the gathering, Hon Upali Nissanka Gunasekara said "I warmly welcome the presence of Amana Bank in the Badulla town. Together with the citizens of Badulla, I look forward to the Bank providing its unique model of banking to the residents of the area".

During his speech, Mr Salieh said "We recognize the growing demand for our banking products and services in this region and in response to this demand, we are happy to have arrived in Badulla today and open our doors to the people of this area. This region has shown considerable growth in its agricultural and SME industries and I am sure that these businesses can benefit from the value proposition our unique banking model offers based on the principles of Equity, Fairness and Justice. Our business strategy for the consumer and SME sector is very much aligned to that of the Government's strategy for these sectors and the way in which we are transact banking is truly value based"

Customers of Badulla can now access services such as Current accounts, Savings accounts, Term Investment accounts, Foreign Currency accounts, Children's Savings accounts, Housing Finance, Leasing facilities, SME Banking, Corporate Banking, Safety deposit lockers, Trade Services and Treasury Services.

Amana Bank is powered by the stability and the support of its strategic shareholders Bank Islam Malaysia Berhad, the Islamic Development Bank based in Saudi Arabia and AB Bank in Bangladesh, The Bank is making an aggressive journey in the Sri Lankan banking industry. While already being the market leader in Sharia-based banking, Amana Bank is focused on capitalizing the growing market potential for this unique banking concept among all communities in the country.

MD/CEO Mr Faizal Salieh opens Amana Bank's Badulla Branch. Mr Mohamed Azmeer, COO, Mr Fairoze Burah, VP Administration looks on Amana Bank gifted 9 students with pre-loaded children's savings accounts and stationary items at the opening of the Badulla Branch

02nd May 2013

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