Amãna Bank continued its positive growth trajectory into 2018 with a strong Q1 performance of 144% YoY growth in Profit After Tax, recording Rs 162.8 million against Rs 66.6 million posted in Q1 2017. The successful quarter saw the Bank’s Profit Before Tax increase to Rs 226.1 million from...
Amãna Bank has once again joined hands with EXPO 2018 – Trade Fair and Exhibition as its Lead Banking Partner. Held for the 9th consecutive year, EXPO 2018 will take place on the 12 and 13 May 2018 at the Sri Lanka Exhibition and Conventional Centre (SLECC). Amãna Bank customers will...
Amãna Bank recently opened its second Self Banking Centre at Ratmalana under the patronage of Senior Vice President – Corporate and SME Banking M.M.S Quvylidh alongside the Bank’s Chief Financial Officer Ali Wahid, customers and staff of the Bank. The Self Banking Centre facilitates...
As a mother, wife, daughter, or even as an entrepreneur, women continue to play an important role in shaping their family and society. Taking into the heart the significant contribution of women, Amãna Bank over the years has introduced a host of people friendly banking solutions catering exclusively...
Amãna Bank has partnered with RainTree Residencies, Sri Lanka’s latest affordable luxury project being developed in the heart of Colombo 3, to offer customers an apartment financing solution with an innovative repayment plan. Through this partnership, customers are facilitated with a repayment...
Amãna Bank has recently appointed Adeeb Ahmad and Mohammed Ataur Rahman Chowdhury to the Bank’s Board of Directors as representatives of its principal shareholder IB Growth Fund (Labuan) LLP, owned by the Islamic Corporation for the Development of the Private Sector (ICD) which is a subsidiary...
Amãna Bank completed a successful 2017 by achieving a Profit After Tax of Rs 502.8 million, reflecting a remarkable YoY growth from Rs 40.6 million in 2016. Profit Before Tax for the same period showcased a 619% growth to read at Rs 739.3 million. The Bank’s Financing Income for 2017 grew...
Amãna Bank recently relocated its Kattankudy Branch to a more spacious location to accommodate an ever-increasing customer base as well as to provide greater reach, convenience and enhanced banking experience to its customers. The new premises located at No 237, Main Street, Kattankudy was declared...
Imtiaz Iqbal, a well versed and experienced banker, has joined Amãna Bank as its Vice President Operations. Prior to joining Amãna Bank, Imtiaz had established a well-rounded banking career at HSBC Sri Lanka holding various posts since 1998. He culminated his illustrative career at HSBC...
Aaron Russell-Davison, a veteran Banker with over 20 years of experience, has been appointed to the Board of Directors of Amana Bank in the capacity of an Independent Non-Executive Director. Russell-Davison’s experience across banking and financial institutions includes capital markets, bond and...
Amãna Bank inaugurated its first Self Banking Centre at Slave Island under the patronage of Chief Executive Officer Mohamed Azmeer alongside the Bank’s Director Jazri Magdon Ismail and members of the Management Committee. The Self Banking Centre, which is one of many to be launched, currently...
As part of its CSR focus towards Children, Amãna Bank has made another contribution to the Children’s Ward (15B) of the Colombo South (Kalubowila) General Hospital by donating brand new ceiling fans to replace those that have worn-out. The donation was made by the Bank’s Senior Vice...
Amana Bank in line with its ongoing digital focus has launched instant SMS Alerts on key banking transactions to keep customers updated as and when they occur. Customer opting for this service will be able to track their account status by receiving timely SMS updates on a host of transactions including...
Nine Months Profit After Tax Grows YoY From Rs 101.4 Mn To Rs 266.8 Mn Having recently doubled its capital to over Rs 10 billion, Amãna Bank reinforced the confidence of its shareholders by tripling its Q3 2017 Profit Before Tax to reach Rs 186.1 million as against Rs 62.9 million of Q3 2016....
For the second consecutive year, Amãna Bank has come forward to sponsor the Islamic Finance Forum of South Asia (IFFSA) as its Lead Banking Partner. The 2ndedition of this regional conference is scheduled to take place on 24 October 2017 at Ramada, Colombo and will discuss the opportunities and...
With the objective of enriching the convenience of banking to its customers, Amana Bank’s Main Branch located in Colombo 3 has expanded its banking services to 365 Days, with business hours on weekdays scheduled from 9.00am to 7.00pm and on weekends and holidays from 9.00am to 1.00pm. Further,...
In its latest rating review, Fitch Ratings Lanka has affirmed the National Long-Term Rating of Amãna Bank at BB(lka) with a Stable outlook. The global rating agency has commended the Bank’s asset quality, which remained relatively better in comparison to its peers whilst also maintaining...
Amãna Bank has commenced a remittance promotion thereby giving customers the chance of doubling their remittance sent by their loved ones living abroad. Inward Remittance fund recipients who receive their remittance via Amãna Bank would stand a chance to win a Bonus Remittance every month. The...
Amãna Bank has introduced the convenience of Online Account Opening to facilitate its customers with an easy and time-saving method of opening an account without going through the hassle of writing on forms. Introduced as a part of the Bank’s digitization strategy, the Online Account Opening...
Amãna Bank continued to be recognized for its innovative capabilities when the Bank’s Education Finance facility was recently adjudicated the Gold Award for Best Islamic Finance Product at the Sri Lanka Islamic Banking & Finance Industry (SLIBFI) Awards 2017. Prior to this award, the...
