With the outset of the Covid-19 pandemic, the country has witnessed a boom of women entrepreneurs, who have taken up additional responsibilities to support their families. Their tireless entrepreneurial efforts have come amidst confronting unprecedented socioeconomic challenges and financial constraints....
Amana Bank continued its dividend journey despite the volatile economic environment by declaring its 5th successive annual dividend, thereby totalling the Bank’s dividends declared since 2018 at over Rs 1.1 billion. Offering its shareholders an Interim Scrip Dividend of 10 cents per share for the...
Amana Bank has successfully continued its growth trajectory to record a Profit Before Tax of LKR 940.0 million for the nine months ending 30 September 2022, showcasing its resilient performance amidst a challenging economic environment. The Bank’s PBT achievement reflects a 28% YoY growth compared...
With the commencement of the T20 World Cup, Cricket has become the platform for all Sri Lankans to come together as one nation bringing hope and smiles at a time when the country is faced with numerous challenges. With the purpose of sharing the joy and achievements of Sri Lanka Cricket, Amana Bank recently...
In commemoration of International Customer Service Week Amana Bank showcased its commitment towards service excellence, by rolling out a Bank wide campaign naming October as the month of Customer Service. The Bank carried out several initiatives to inculcate its service mantra ‘We Care’ amongst...
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...
