Amãna Bank’s internationally awarded OrphanCare program successfully completed another quarterly fund distribution to over 2,700 deserving recipients in July 2020, thereby completing 4 cycles of fund distributions since launching the venture in 2019. OrphanCare, the Bank’s flagship...
Experienced chartered accountant Tishan Subasinghe, fintech entrepreneur Omar Kassim, legal luminary Mohamed Adamaly and Islamic finance legal professional Paul Mercer recently joined the Board of Directors of Amãna Bank. The appointment of Omar Kassim is in the interest of the Bank’s former...
Founder Chairman Osman Kassim retires upon completion of 9 year statutory tenure Ali Asghar (Asgi) Akbarally has been appointed as Chairman of the Board of Directors of Amãna Bank upon the retirement of the Bank’s Founder Chairman Osman Kassim. Leaving a strong legacy in the Islamic banking...
Deposits grow by 10%; Records PBT of Rs 250 Mn in 1H Despite the Covid-19 pandemic, which disrupted economies around the globe, Amãna Bank through its resilient performance continued its profitability trend in 2020. The Bank recorded a Profit Before Tax (PBT) of Rs 250.5 million and Profit After...
Amãna Bank recently commissioned a digitally enhanced Self Banking Zone at the Bank’s Dehiwala branch, with the aim of providing a convenient self-banking experience to its customers. The Self Banking Zone facilitates customers to seamlessly engage in day to day banking transactions such...
In recognition of their services to the society, Amana Bank has extended the financing amount and repayment period for government teachers and lecturers. The increased facility amount of up to Rs. 3,000,000 with a 10 year repayment period, enables customers to obtain a facility at an affordable instalment...
Having previously paid two continuous cash dividends in 2018 and 2019, Amãna Bank has announced an Interim Scrip Dividend of eight cents per share for the Financial Year 2020, in line with the latest directions of the Central Bank of Sri Lanka to all banks on restricting cash dividends. The Scrip...
Amãna Bank Vantage, the Bank’s distinct personalized Banking platform catering to those aspiring to expand their horizons in life, recently launched its very own Vantage branded contactless VISA Debit Card which enhances customer convenience and safety in card transactions. This card will...
Amana Bank opened its 32nd branch in Matale extending its unique non-interest based participatory Banking model to the people of Matale. Located at 392, Main Street (Trincomalee Street) Matale, this serves to be the Bank’s first branch in the Matale District. This branch will act as an addition...
Based on the latest rating review carried out in June 2020, Fitch Ratings Sri Lanka has revised the National Long Term Rating of Amãna Bank to BB+(lka) from BB(lka) with a Stable Outlook. Fitch Ratings has taken the rating review following the recalibration of its Sri Lankan National Rating scale...
Amãna Bank recently introduced an inward remittance based Special Deposit Account in line with the direction of the Government and the guidelines of Central Bank of Sri Lanka to manage the financial and economic challenges of the COVID-19 outbreak. The Special Deposit Account is introduced to...
Amãna Bank achieved a commendable Q1 performance in 2020, which saw its customer deposits grow by Rs 5.4 billion or by 8% to close the quarter at Rs 77.0 billion. As a result of conscious strengthening of credit risk parameters in the backdrop of challenging market conditions, advances grew only...
Amana Bank recently introduced ‘Bank on Wheels’, in line with the need of the customers to get their basic banking needs fulfilled amidst the Covid-19 outbreak that has forced all citizens to stay indoors, subsequently disrupting their day-to-day banking activities. Amana Bank’s ‘Bank...
Amana Bank now provides its customers the ability to register for Internet & Mobile banking from the safety and comfort of their homes. Customers can get registered by conveniently following a few steps; which are detailed on the Bank’s website www.amanabank.lk, while not requiring to visit...
Based on the direction of the Government and the guidelines of Central Bank of Sri Lanka towards supporting SMEs, other businesses and individuals, Amãna Bank has extended a helping hand to its customers in terms of a special relief moratorium to overcome the financial and economic challenges...
Amãna Bank ended 2019 financial year on a strong footing to record a resilient performance, whilst rewarding shareholders with an above-market dividend yield, despite the headwinds the country and its economy had to go through. The Bank’s Deposits recorded an outstanding growth of 16% to...
In appreciation of the significant contribution of women towards enriching the many lives around them, Amãna Bank has once again launched its “Ladies Shopping Bonanza” promotion for its Ladies Savings Debit Card holders. Through this promotion, Ladies Savings customers can stand a...
Commemorating the country’s 72nd Independence Day, Amãna Bank recently launched its Independence Day celebrations under the theme ‘Let us stand together under one flag towards enabling growth and enriching lives’. The launch event for the Independence Day campaign was held at...
Amãna Bank recently opened its nineteenth Self Banking Centre at Hill Street, Dehiwala under the patronage of its Head of Deposit Mobilization Arshad Jamaldeen alongside the customers and staff of the Bank. The Hill Street Self Banking Centre is the Bank’s third location in the Dehiwala...
Amãna Bank recently opened its 18th Self Banking Centre at Kalubowila to further its reach and facilitate its customers with around the clock real-time cash deposits. The new Self Banking Centre, located at No 108, Kalubowila Road was opened by the Bank’s Head of Corporate/FCBU- Western...
