In a situation where many people are forced to postpone their financing needs due to limited availability of financing solutions, very high rates and minimal time period being allowed for repayment, impacting their affordability, Amana Bank has come forward offering an attractive solution beyond all...
Continuing the positive performance trend, Amana Bank PLC achieved a double digit growth in Profit Before Tax for Q1 2023, by leveraging on its stability and resilience in the back drop of a challenging economic environment. During the quarter the Bank went on to record a healthy 10% growth in Profit...
Amãna Bank received the Gold Award for ‘Best Common ATM Acquirer of the Year – Category C’ at the recently concluded fifth edition of LankaPay Technnovation Awards 2023 organised by LankaClear Limited, the operator of LankaPay national payment network. The objective of the awards...
Amana Bank recently conducted a business forum for its SME customers in the Central Region. The business forum titled ‘Drive 2023’ focused on sharing insights towards driving the local economy by enhancing business resilience in face of the current challenging times. The forum witnessed the...
Experienced Treasury Dealer Harindra Obeysekere has been promoted as Amana Bank’s Head of Treasury and Financial Institutions while being inducted to the Bank’s Management Committee. Prior to this Harindra was the Bank’s Asst. Vice President – Treasury and Financial Institutions. Harindra...
Backed by its resilient model which advocates prudent risk management and governance fundamentals, Amana Bank PLC continued to navigate through turbulent times, effectively, leading to its best ever performance. The Bank recorded a Profit Before Tax (PBT) of LKR 1.21 billion for the Financial Year ending...
Amana Bank recently conducted its Governance Risk Compliance (GRC) Forum at Mandarina Hotel. The GRC Forum focused on the integrated collection of capabilities and global best practices that enables the Bank to reliably achieve its objectives while addressing uncertainty and ensure compliance through...
Amana Bank PLC Sri Lanka was once again recognised with the Gold Award for Entity of the Year at the much celebrated IFFSA Awards, which recognises the non-interest based Islamic Banking & Finance industry amongst South Asian countries, including India, Pakistan, Sri Lanka, Bangladesh and Maldives....
With the outset of the Covid-19 pandemic, the country has witnessed a boom of women entrepreneurs, who have taken up additional responsibilities to support their families. Their tireless entrepreneurial efforts have come amidst confronting unprecedented socioeconomic challenges and financial constraints....
Amana Bank continued its dividend journey despite the volatile economic environment by declaring its 5th successive annual dividend, thereby totalling the Bank’s dividends declared since 2018 at over Rs 1.1 billion. Offering its shareholders an Interim Scrip Dividend of 10 cents per share for the...
Amana Bank has successfully continued its growth trajectory to record a Profit Before Tax of LKR 940.0 million for the nine months ending 30 September 2022, showcasing its resilient performance amidst a challenging economic environment. The Bank’s PBT achievement reflects a 28% YoY growth compared...
With the commencement of the T20 World Cup, Cricket has become the platform for all Sri Lankans to come together as one nation bringing hope and smiles at a time when the country is faced with numerous challenges. With the purpose of sharing the joy and achievements of Sri Lanka Cricket, Amana Bank recently...
In commemoration of International Customer Service Week Amana Bank showcased its commitment towards service excellence, by rolling out a Bank wide campaign naming October as the month of Customer Service. The Bank carried out several initiatives to inculcate its service mantra ‘We Care’ amongst...
Amana Bank has continued its effort in supporting its SME and business banking customers to help reduce their burden as a result of the current unprecedented macroeconomic conditions. Similar to overcoming the difficult times brought on by the pandemic-induced economic slowdown, the banking sector was...
Private Sector contributing towards socio-economic recovery in Sri Lanka Colombo, Sri Lanka, 9 September 2022: Amana Bank recently partnered with the United Nations Development Programme (UNDP) in Sri Lanka, to channel support through the recently launched ‘Private Sector Giving Facility for Emergency...
Amana Bank continued its growth momentum in profit amidst subdued economic conditions, and recorded a growth of 25% in mid-year Profit After Tax to reach LKR 362.0 million in comparison to LKR 289.3 million a year ago. Profit Before Tax stood at LKR 556.9 million compared to LKR 505.7 million posted...
Amana Bank recently commissioned five new ATMs at its existing Self Banking Centres located at Rajagiriya, Wattala, Kalutara, Batticaloa and Trincomalee. In addition to cash withdrawals, Amana Bank Self Banking Centres also facilitates cash deposits and cheque deposits. Having 33 fully fledged branches...
PAT up 92% | PBT up 78% | Deposits up 10% | Advances up 14% Amana Bank PLC recorded its best ever quarterly performance since inception recording an impressive 78% YoY growth in Profit Before Tax (PBT) and a 92% YoY growth in Profit After Tax (PAT). This remarkable performance within the quarter amidst...
Recognising the best of the best under the theme ‘Rewarding Excellence’, Amana Bank Awards 2022 was recently held at Shangri-La Colombo under the patronage of the Bank’s Chairman Asgi Akbarally. The ceremonial event commenced with the recognition and felicitation of the Bank’s...
Amãna Bank recently opened its Twentieth Self Banking Centre at Thoppur under the patronage of its Chief Operating Officer Imtiaz Iqbal and Vice President – Retail Banking & Marketing Siddeeque Akbar alongside customers, area residents and staff of the Bank. The Self Banking Centre facilitates...
