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

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Amãna Bank relocates it Oddamavadi Branch

Amãna Bank recently relocated its Oddamavadi Branch to a more modern banking premise located at No. 93, Main Street, Oddamavadi thereby providing an enhanced banking experience to its customers. The new premise was declared open by the Bank’s Chief Executive Officer Mohamed Azmeer alongside Amana Banks Senior Director Mohamed Jazri Magdon Ismail, Members of the Management Committee, Branch Staff and Customers.

With the relocation of the Branch, the Bank extends its service offering to reflect the Bank’s mission of enabling growth and enriching lives to both its existing and new customers.

In line with offering an enhanced service experience, the Branch also houses an exclusive banking zone to cater to its high net-worth based Vantage and Expat Gold customers. In addition to this, The Branch will offer a full spectrum of Banking Services including Account Opening, Vehicle Financing, Home Financing, Personal Financing, Business Banking, Trade Services and introduced for the first time in Oddamavadi the Bank’s Award Winning Gold Certificate Financing an alternative to conventional pawning. Further the Bank is equipped with a 24x7 Banking Zone facilitating Cash Withdrawals, Real Time Cash Deposits & Cheque Deposits round the clock.

Commenting on the relocation, the Bank’s Chief Executive Officer Mohamed Azmeer said “This relocation comes with a wholesome of benefits to our customers and we continue towards providing a people friendly banking experience to all our customers.”

Amãna Bank is the country’s first and only Licensed Commercial Bank to operate in complete harmony with the globally growing non-interest based participatory banking model. With the mission of Enabling Growth and Enriching Lives, the Bank reaches out to its customers through a growing network of branches, Self Banking Centres 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.

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 base of over USD 150 Billion which has a membership of 57 countries. Fitch Ratings, in June 2018, affirmed Amãna Bank’s National Long Term Rating of BB(lka) while upgrading its outlook to Positive from Stable. Amãna Bank does not have any subsidiaries, associates or affiliated institutions representing the Bank.

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