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Amana Bank Now in Puttalam

Amana Bank July 1, 2013

Amana Bank opened its 22nd branch on 1 July 2013 at No. 23, Colombo Road, Puttalam, thereby expanding its services to the residents of the locality and nearby towns such as Kalpitiya, Norochcholai, Palavi, Karativeand Madurankuliya. The opening ceremony was graced by the Chairman of the PuttalamUrban Council, Mr K.A.Baiz, Managing Director/CEO of Amana Bank Mr Faizal Salieh, Chief Operating Officer Mr Mohamed Azmeer and other invitees.

Addressing the guests present, Mr K.A.Baiz said "I am very happy to note the presence of Amana Bank in the Puttalam region. We expect the Bank to assist our growing SMEs as well as the residents with the Bank’s unique services"

Commenting on the expansion, Amana Bank MD/CEO Mr Faizal Salieh said "Puttalam is situated at the centre of the Coconut Triangle and is known for its salt production, fisheries and agriculture. We are delighted to arrive in Puttalam and offer the citizens and businesses of this locality our range of products and services and enable them to experience our unique way of banking which is based on the principles of profit and loss sharing"

The Puttalam branch will provide a wide range of products and services such as Current accounts, Savings accounts, Foreign Currency accounts (NRFC/RFC/RNNFC), Children’s Savings accounts, Term Investment accounts, Housing Finance, Leasing, SME Banking, Trade Services and Treasury Services. The branch also houses an ATM machine providing 24-hour access to customers.

Having opened seven new branches in the last six months, at Dehiwala, Nintavur, Kuliyapitiya, Eravur, Kaduruwela, Badulla and Negombo, the Bank is expanding its reach to many provinces within the country. The Bank also has plans to introduce new products and services as well as offer more convenient solutions to its customers.

Powered by the stability and the support of its strategic shareholders Bank Islam Malaysia Berhad, the Islamic Development Bank based in Saudi Arabia and AB Bank in Bangladesh, the Bank is making an aggressive journey in the Sri Lankan banking industry and is focused on capitalizing the growing market potential for this unique banking model across the country.