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...
Amana Bank recently concluded its Education Finance promotion by rewarding four lucky students with Laptops to help them excel in their education. All winners were chosen from a pool of customers who had obtained an Education Finance facility through Amana Bank during the promotional period, from 01...
Amãna Bank has joined hands with the Sri Lanka Gem and Jewellery Association to be its Official Banking partner for FACETS, Sri Lanka’s pinnacle International Gem and Jewellery Exhibition. Held for the 27th consecutive year, the 2017 edition of FACETS is to take place from 31 August 2017...
In recognition of its innovative financial solutions, Amãna Bank was recently invited to take part at the Innovation Exhibition organized by the Islamic Development Bank (IDB) which was held on along with the 42nd Annual Meeting of IDB Board of Governors. The exhibition held in Jeddah brought...
Amãna Bank’s recently concluded 1 for 1 Rights Issue brought in Foreign Direct Investments valued at over USD 22 million to the country. The Rights Issue which was oversubscribed increased the Bank’s capital by Rs. 4.75 billion of which Rs.3.37 billion was from overseas shareholders. IB...
Amãna Bank ended an exceptional first half as the Bank’s Profit After Tax for the period almost tripled to Rs 151.7 million from Rs 56.1 million achieved in the corresponding period of 2016. Profit Before Tax also reflected a similar YoY growth of 170% to reach Rs 210.8 million. Profit After...
