In a significant step towards a more sustainable future, Amana Bank PLC and Singer PLC have teamed up for a greener future, to make solar power accessible and affordable for everyone. Through this partnership customer can obtain solar systems backed by Singer PLC’s renowned reliability and quality assurance while enjoying affordable people friendly financing from Amana Bank.
A MOU on this partnership was recently signed by Group CEO/Managing Director of Singer (Sri Lanka) Mahesh Wijewardene and Amana Bank Chief Operating Officer Imtiaz Iqbal in the presence of the Bank’s VP Retail Banking & Marketing Siddeeque Akbar, Head of Retail Finance Riyaz Noor, Singer PLC’s Sales Director – Vajira Thennakoon. Director – IT Kapila Perera Business Development Manager Waruna Wickramasinghe Marketing Manager Piyum Jayatilake and Asst. Operations Manager – Manoj Rupasinghe.
Amana Bank’s VP Retail Banking & Marketing Siddeeque Akbar expressed his enthusiasm and commitment towards this partnership, stating, “We are honoured to unveil this partnership with the Singer, a Company trusted by every household in Sri Lanka, and thereby providing affordable access to sustainable energy solutions in line with our mission of Enabling Growth and Enriching Lives. We are excited to be part of this initiative, helping our customers take control of their energy consumption and costs while contributing to build a more sustainable world.”
Further commenting on this partnership Singer PLC’s CEO Mahesh Wijewardene shared “Singer PLC is excited to collaborate with Amana Bank to empower customers to embrace clean energy solutions while effectively managing their budgets. Having delivered quality and reliability in the world of consumer electronics, we look forward to leverage on this partnership to offer our solar solutions along with Amana Bank’s unique proposition non-interest based people friendly banking.”
About Amana Bank
Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah-based IsDB Group being the principal shareholder having a 29.97% shareholding of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial
institution with a membership of 57 countries. Testifying its position as a leading practitioner of the non-interest based banking model, Amãna Banks continued to be recognized amongst the Top 100 Strongest Islamic Bank’s in the World by The Asian Banker. Amãna Bank does not have any subsidiaries, associates, or affiliated institutions apart from its engagement with OrphanCare as its Founding Sponsor.
About Singer Sri Lanka PLC
Singer is the market leader in Sri Lanka’s consumer durables industry, with an unmatched reach of over 5.7 million customers and a penetration of nearly 30% of the country’s population. Underpinned by an established track record of over 145 years, the Group has nurtured a strong reputation for trust, quality and reliability with the Singer brand frequently recognised as one of Sri Lanka’s most loved brands. The Group is a subsidiary of Hayleys PLC- one of Sri Lanka’s most diversified and respected conglomerates.
Image Caption:
Exchanging the MoU by Singer PLC CEO/Director Mahesh Wijewardene and Amana Bank Chief Operating Officer Imtiaz Iqbal in the presence of the officials.
