Amana Bank is honoured to announce its involvement in financing the recently inaugurated 10 MW ground mounted Kebitigollewa Solar Power Project, led by WindForce PLC. This solar power plant is a landmark achievement, as it is the first of its kind in Sri Lanka to be entirely operated by an all-woman...
Amana Bank was honoured with Best Performance on Risk Management at the 2nd ICC Emerging Asia Banking Awards 2024 organized by the Indian Chamber of Commerce (ICC) to recognize outstanding performance in the banking domain across the South-Asian region. The Association of Professional Bankers - Sri Lanka,...
Advances surpass LKR 100 billion milestone, with a growth of 16% Amãna Bank continued its strong financial performance as it closed the 9 months ending 30 September 2024 with a Profit Before Tax of LKR 1.98 billion, reflecting a 18% YoY increase compared to LKR 1.68 billion recorded for the corresponding...
Highest dividend payout by Amana Bank Amana Bank announced its seventh successive annual dividend. This will be the highest dividend payout so far totaling LKR 661 million which marks a doubling of the dividend payout when compared with 2023. Offering its shareholders an Interim Cash Dividend of LKR...
Amana Bank recently participated in the Global Forum on Islamic Economics and Finance (GFIEF) 2024, held in Kuala Lumpur under the esteemed patronage of the Ministry of Finance Malaysia. The forum was organized by the Central Bank of Malaysia (Bank Negara) in collaboration with the Securities Commission...
Amana Bank has been honored with the prestigious title of "Best Islamic Bank in South Asia 2024" at the Brands Review Magazine Awards 2024, affirming the Bank's leadership status amongst regional peer banks while also demonstrating its success story of promoting non-interest based financing in the region. Commenting...
Amana Bank recently opened its latest Self Banking Centre at Kattankudy Beach Road to further its reach and facilitate customers with around the clock cash withdrawals, cash deposits & cheque deposits. With the opening of this Self Banking Centre, Amãna Bank has increased its access points...
Signs MOU to offer affordable Education Financing for Students Amãna Bank opened its 30th Self Banking Centre at the recently inaugurated International Campus of Science & Technology (ICST) University Park located in Punanai Batticaloa under the patronage of the Bank’s Managing Director/CEO...
Opens up multiple opportunities for growth and expansion In its latest rating review carried out in August 2024, Fitch Ratings Sri Lanka has upgraded Amana Bank’s national long-term rating from BB+(lka) to an investment grade rating of BBB-(lka), with a stable outlook. According to the communiqué...
Amana Bank has announced the appointment of Azreen Zaheer, a seasoned financial professional with over 30 years’ experience to its Board of Directors as a Non-Executive Independent Director with effect from 20 July 2024. Azreen began his distinguished career at KPMG Colombo, then moved to Ernst...
Amana Bank has partnered with Prime Group to offer an affordable and people friendly financing solution for customers to make your next big purchase through the vast property portfolio of Prime Group. A memorandum of understanding was recently signed with Prime Group, marking a significant step in offering...
Records 68% growth in PBT and 82% growth in PAT Both Advances and Deposits up by 10% Amana Bank has achieved a remarkable mid-year performance in 2024, outpacing its 2023 first half, with significant growth across multiple key metrics including profitability, advances, deposits, and total assets while...
Cementing its leadership status for non-interest based banking in the country, Amana has been honoured with the title of Best Islamic Bank in Sri Lanka at the prestigious Euromoney Islamic Finance Awards. As cited by Euromoney, this accolade reflects Amana Bank’s remarkable year of growth, innovation...
Towards fostering financial literacy amongst school students to make better informed investment decisions, Amana Bank recently joined hands with Royal College to inaugurate the Capital Market Club by being the sponsor of the club’s maiden ‘Market Mastery’ workshop. The Capital Market...
Net Asset Value per Share to cross LKR 40 post consolidation Amana Bank recently announced the approval of its share consolidation initiative as per the communique to the CSE, which has been eagerly welcomed by the investor community as it is seen as a strategic step to enhance shareholder value, reflecting...
Amana Bank, as per the recent communique to the Colombo Stock Exchange, has announced that it has received approval from shareholders to consolidate the Bank’s shares, where every 10 existing ordinary voting shares of the Bank will be consolidated to 1 ordinary voting share. A special resolution...
Amana Bank recently participated in the IsDB Annual Meeting, held from 27th to the 30th of April, at the King Faisal Conference Centre, Intercontinental Hotel, Riyadh, Saudi Arabia. Coinciding with IsDB’s Golden Jubilee, the IsDB Annual Meeting marks five decades of dedicated efforts towards socio-economic...
Amana Bank recently relocated its Puttalam branch to a spacious and convenient location at No. 34, Kurunegala Road, Puttalam. This move reflects the Bank’s commitment to enhancing customer service and banking convenience to both its existing and new customers. The relocation opening ceremony was...
Amana Bank was recognised with an Award for Best Common ATM Enabler (Category C) at the recently held LankaPay Technnovation Awards organised by LankaClear Limited, the operator of LankaPay national payment network. The awards recognised the frontrunners of financial technology innovations in the country...
Amana Bank is honoured to have once again bagged the title of ‘Sri Lanka’s Best Islamic Finance Institution’ awarded by Global Finance USA at their 17th World’s Best Bank Awards 2024, which is scheduled to take place during the IMF/World Bank Annual Meetings in Washington, DC...
