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Amãna Bank expands network by over 750 locations islandwide

Amana Bank December 17, 2019

First bank in Sri Lanka to facilitate account deposits through Pay& Go

Amãna Bank has joined hands with MegaPay (Private) Limited, the operators of Pay&Go kiosks to become the first bank in Sri Lanka to enable its customers the convenience of depositing money to their accounts through Pay&Go Kiosks located island wide, without any additional charges.

Commenting on this tie up, the Bank’s Chief Executive Officer Mohamed Azmeer stated “We are excited to have partnered with Pay&Go, an entity authorised by the Central Bank of Sri Lanka under the Agent Banking Platform, which has enabled all Amãna Bank customers across the country to directly deposit money and enjoy real-time credits to their accounts at over 700 Pay&Go kiosks thereby increasing the Bank’s reach to 750 plus locations. Amãna Bank continuously strives to enhance the convenience offered to its customers and believes in the path of collaboration to achieve this.”

Also sharing his views General Manager of MegaPay (Private) Limited Vardan Aslibekyan said “We are honoured to partner with Amãna Bank and give customers the convenience to deposit money directly to their accounts through Pay&Go kiosks. Pay&Go have transformed the way Sri Lankan’s make everyday payments by taking every measure to ensure convenience, through placing kiosks in all prominent locations and customer hotspots.”

With the addition of over 700 Pay&Go kiosks Amana Bank’s reach surpasses 750 deposit points, which includes 31 branches and 19 Self Banking Centres. Further customers can also withdraw cash from 4000+ ATM access points island wide while also enjoying an array of customer conveniences such as Internet & Mobile Banking, Door Step Banking, Debit Card with SMS alerts, Online Account Opening, 365 Day Banking, Saturday Banking, Extended Banking Hours, 24x7 Cash Deposit Machines and Banking Units Exclusively for Ladies.

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 IDB Group being the principal shareholder having a 29.97% stake of the Bank. The IDB Group is a ‘AAA’ rated multilateral development financial institution with an authorized capital base of over USD 150 Billion which has a membership of 57 countries. Fitch Ratings, in June 2019, affirmed Amãna Bank’s National Long Term Rating of BB(lka) with a Positive outlook. Amãna Bank does not have any subsidiaries, associates or affiliated institutions representing the Bank.