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...
Capital Reaches LKR 10 Billion Ahead Of Time Amãna Bank was infused with over Rs. 4.75 billion to its capital base when its shareholders expressed confidence in the Bank resulting in its recent rights issue being oversubscribed. In doubling its capital, the Bank issued 1,250,695,567 ordinary voting...
Amãna Bank was adjudged IFN’s Best Islamic Bank in Sri Lanka for the 6th consecutive year, based on a global poll conducted in 2016 by the Malaysia-based RedMoney Group. The IFN Awards poll recognizes the best providers of Islamic financial services across the global markets which also include...
Amãna Bank has once again partnered with the Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Conference as its Lead Banking partner. The Conference is to take place on 11 July 2017 with the participation of many industry leaders, practitioners, advisories, regulators and scholars. Held...
Amãna Bank has received confirmation from IB Growth Fund (Labuan) LLP, a subsidiary of the Islamic Corporation for the Development of the Private Sector (ICD), to participate in the Bank’s forthcoming rights issue. ICD is a multilateral development financial institution and is part of the...
Amãna Bank recorded a successful first quarter, in which the Bank achieved a Profit Before Tax of Rs 92.5 million, reflecting a remarkable YoY growth of 83% from the corresponding period of 2016. The Bank’s Profit After Tax for the same period grew by 74% to reach Rs 66.6 million. Growing...
Amãna Bank recently launched its fifth remote ATM at the South Eastern University of Sri Lanka in Oluvil. This offsite ATM marked the Bank’s 34th ATM, allowing customers in the vicinity to access their accounts 24 hours a day providing greater convenience and accessibility. The offsite ATM...
Core banking growth continues with 30% YOY growth in net financing income The year 2016 saw Amãna Bank continue its positive growth momentum in core banking, leveraging on its strategic focus of being primarily an SME and Retail Bank. Financing Income crossed the Rs 4 billion mark by the end of...
Amãna Bank recently rewarded its Children’s Savings Account holders who performed exceptionally well at the Grade 5 Scholarship Examinations 2016. Over 100 students who surpassed the respective cut-off marks of their district were rewarded with a credit of Rs.5000/- to their Children’s...
