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Amana Bank’s ‘Re-Lease’ offers solutions to release the Financial Burden.

Amana Bank October 22, 2020

In the backdrop of the Covid-19 pandemic, the need for financial capital has never been so significant. With a view to help customers to ease their financial burdens, Amãna Bank is offering a special financing facility through re-leasing their vehicles.

Amãna Bank Re-lease offer allows customers to refinance their vehicle for a tenure of up to 5 years by paying only a monthly rental of Rs 2,202/- for a Rs 100,000/- and thereby reducing financial burden on the customer’s wallet.

Commenting on this facility, the Bank’s Head of Retail Advances Ramakrishnan Kirubakaran said, “With the growing need for financial assistance, we hope that our ‘Re-lease’ facility would allow customers to benefit whether it is to restart their business or venture into something new.”

Customers interested to obtain such facility could do so by visiting any of the Bank’s branches or even apply online through the Bank’s website www.amanabank.lk or call the Bank’s hotline 011 7 756756 for a Bank representative to visit the customer at the comfort of one’s home or office.

Amana 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. In June 2020 Fitch Ratings Sri Lanka declared an upward revision of the National Long Term Rating of Amãna Bank to BB+(lka) with a Stable Outlook. Amãna Bank is a standalone entity which does not have any subsidiaries, associates or affiliated institutions, other than the ‘OrphanCare’ Trust.