Amana Bank has continued its effort in supporting its SME and business banking customers to help reduce their burden as a result of the current unprecedented macroeconomic conditions. Similar to overcoming the difficult times brought on by the pandemic-induced economic slowdown, the banking sector was...
Private Sector contributing towards socio-economic recovery in Sri Lanka Colombo, Sri Lanka, 9 September 2022: Amana Bank recently partnered with the United Nations Development Programme (UNDP) in Sri Lanka, to channel support through the recently launched ‘Private Sector Giving Facility for Emergency...
Amana Bank continued its growth momentum in profit amidst subdued economic conditions, and recorded a growth of 25% in mid-year Profit After Tax to reach LKR 362.0 million in comparison to LKR 289.3 million a year ago. Profit Before Tax stood at LKR 556.9 million compared to LKR 505.7 million posted...
Amana Bank recently commissioned five new ATMs at its existing Self Banking Centres located at Rajagiriya, Wattala, Kalutara, Batticaloa and Trincomalee. In addition to cash withdrawals, Amana Bank Self Banking Centres also facilitates cash deposits and cheque deposits. Having 33 fully fledged branches...
PAT up 92% | PBT up 78% | Deposits up 10% | Advances up 14% Amana Bank PLC recorded its best ever quarterly performance since inception recording an impressive 78% YoY growth in Profit Before Tax (PBT) and a 92% YoY growth in Profit After Tax (PAT). This remarkable performance within the quarter amidst...
Recognising the best of the best under the theme ‘Rewarding Excellence’, Amana Bank Awards 2022 was recently held at Shangri-La Colombo under the patronage of the Bank’s Chairman Asgi Akbarally. The ceremonial event commenced with the recognition and felicitation of the Bank’s...
Amãna Bank recently opened its Twentieth Self Banking Centre at Thoppur under the patronage of its Chief Operating Officer Imtiaz Iqbal and Vice President – Retail Banking & Marketing Siddeeque Akbar alongside customers, area residents and staff of the Bank. The Self Banking Centre facilitates...
Amana Bank crossed the LKR 100 Bn milestone in Customer Deposits as of Q1 2022 thereby becoming one of the fastest Licensed Commercial Banks to reach this mark within a very short period. The Bank’s accelerated growth in deposits is owing to the wide and growing acceptance of its people friendly...
In celebration of International Women’s Day, Amãna Bank organised a virtual panel discussion under the theme ‘Breaking the Bias’ with the participation of Dr Sulochana Segera, Chairperson of the global brand Women in Management (WIM) alongside Ms Zahara Ansary, Country Manager...
Amãna Bank successfully held its 13th Annual General Meeting (AGM) on a virtual platform, following the success of its previous virtual AGM’s held in 2020 and 2021 owing to the pandemic situation. The AGM which was held on 25 March 2022 with the full quorum being present, was...
PAT up by 78%. Amana Bank celebrated a decade of people-friendly banking in 2021 and concluded the landmark year on a high note, crossing the LKR 1 billion milestones in Profit Before Tax (PBT), becoming one of the fastest banks in Sri Lanka to reach this landmark. Despite challenging economic...
In line with its strategic focus, Amãna Bank has strengthened its SME Banking proposition through the introduction of Business Plus which is a platform tailor-made to offer peace of mind for businesses on their finances, allowing them the freedom to focus on the growth of their business. Commenting...
OrphanCare has successfully completed its 9th consecutive quarterly fund distribution benefiting over 3,000 orphans from 80+ orphanages across the island. Despite the challenges of the ongoing Covid-19 pandemic, the OrphanCare Trust continued to distribute funds while also increasing the number of beneficiaries,...
Ajmal Naleer, joins M Pharis Jazeel and M M S Quvylidh as Senior VP. Amana Bank has appointed versatile banker Imtiaz Iqbal as its Chief Operating Officer (COO) with effect from 1 January 2022. Having joined Amana Bank in 2018, Imtiaz Iqbal served as its VP Operations taking over the responsibilities...
Amana Bank PLC Sri Lanka was recognised with the Gold Award for Entity of the Year at the much celebrated IFFSA Awards, which recognises the non-interest based Islamic Banking & Finance industry amongst South Asian countries, including India, Pakistan, Sri Lanka, Bangladesh and Maldives. The Bank...
Amana Bank recently recognised one of its Children Savings Account holders who achieved a District 1st Rank (Kegalle) at the 2020 GCE Ordinary Level Examination. Master M N A Aabidh who achieved this distinction representing Zahira College Mawanella was also placed 2nd in the Island amongst all Tamil...
Amana Bank has been crowned as one of Asia’s Best Employer Brands at the recently concluded Asia Best Employer Brand Awards organized and adjudicated by World HRD Congress. This regional accolade follows Amana Bank’s previously being adjudged one of Sri Lanka’s Best Employer Brands...
Amana Bank Sri Lanka has been ranked amongst the Top 50 Strongest Islamic Banks in the World according to the latest ranking index published by The Asian Banker, thereby further cementing the Bank’s position as a leading practitioner of the non-interest based banking model. In evaluating the Strongest...
Amana Bank was bestowed the Gold Award for Finance Deal of the Year at the recently concluded SLIBFI Awards 2021, which were adjudicated by KPMG and organized by UTO EduConsult. The Deal of the Year Award was adjudicated to the Bank owing to financing the operations of Fits Aviation, a private airline...
OrphanCare, Amana Bank’s flagship community outreach programme, completed yet another round of fund disbursements to its beneficiary orphan accounts, thereby totalling 8 rounds of uninterrupted quarterly distributions, despite the ongoing challenging environment as a result of the Covid-19 pandemic....
