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Amãna Bank OrphanCare completes 4 quarters of fund distribution Over 2,700 Orphans benefitted
September 3, 2020

Amãna Bank OrphanCare completes 4 quarters of fund distribution Over 2,700 Orphans benefitted

Amãna Bank’s internationally awarded OrphanCare program successfully completed another quarterly fund distribution to over 2,700 deserving recipients in July 2020, thereby completing 4 cycles of fund distributions since launching the venture in 2019. OrphanCare, the Bank’s flagship...

Amãna Bank Board fortified by four versatile directors
September 2, 2020

Amãna Bank Board fortified by four versatile directors

Experienced chartered accountant Tishan Subasinghe, fintech entrepreneur Omar Kassim, legal luminary Mohamed Adamaly and Islamic finance legal professional Paul Mercer recently joined the Board of Directors of Amãna Bank. The appointment of Omar Kassim is in the interest of the Bank’s former...

Asgi Akbarally appointed as Amãna Bank Chairman
August 18, 2020

Asgi Akbarally appointed as Amãna Bank Chairman

Founder Chairman Osman Kassim retires upon completion of 9 year statutory tenure Ali Asghar (Asgi) Akbarally has been appointed as Chairman of the Board of Directors of Amãna Bank upon the retirement of the Bank’s Founder Chairman Osman Kassim. Leaving a strong legacy in the Islamic banking...

Amãna Bank shows resilience in 2020 despite Covid-19
August 17, 2020

Amãna Bank shows resilience in 2020 despite Covid-19

Deposits grow by 10%; Records PBT of Rs 250 Mn in 1H Despite the Covid-19 pandemic, which disrupted economies around the globe, Amãna Bank through its resilient performance continued its profitability trend in 2020. The Bank recorded a Profit Before Tax (PBT) of Rs 250.5 million and Profit After...

Amãna Bank unveils Digital Self Banking Zone
August 13, 2020

Amãna Bank unveils Digital Self Banking Zone

Amãna Bank recently commissioned a digitally enhanced Self Banking Zone at the Bank’s Dehiwala branch, with the aim of providing a convenient self-banking experience to its customers. The Self Banking Zone facilitates customers to seamlessly engage in day to day banking transactions such...

Amana Bank offers Financing up to 3 Million repayable up to 10 years for government Teachers and Lecturers
August 7, 2020

Amana Bank offers Financing up to 3 Million repayable up to 10 years for government Teachers and Lecturers

In recognition of their services to the society, Amana Bank has extended the financing amount and repayment period for government teachers and lecturers. The increased facility amount of up to Rs. 3,000,000 with a 10 year repayment period, enables customers to obtain a facility at an affordable instalment...

Amãna Bank continues its dividend journey by declaring an Interim Scrip Dividend
July 20, 2020

Amãna Bank continues its dividend journey by declaring an Interim Scrip Dividend

Having previously paid two continuous cash dividends in 2018 and 2019, Amãna Bank has announced an Interim Scrip Dividend of eight cents per share for the Financial Year 2020, in line with the latest directions of the Central Bank of Sri Lanka to all banks on restricting cash dividends. The Scrip...

Amãna Bank launches Vantage Debit Card
July 16, 2020

Amãna Bank launches Vantage Debit Card

Amãna Bank Vantage, the Bank’s distinct personalized Banking platform catering to those aspiring to expand their horizons in life, recently launched its very own Vantage branded contactless VISA Debit Card which enhances customer convenience and safety in card transactions. This card will...

Amãna Bank  now in Matale
July 13, 2020

Amãna Bank now in Matale

Amana Bank opened its 32nd branch in Matale extending its unique non-interest based participatory Banking model to the people of Matale. Located at 392, Main Street (Trincomalee Street) Matale, this serves to be the Bank’s first branch in the Matale District. This branch will act as an addition...

Amãna Bank Fitch Rating moves upward to BB+ (lka)
June 12, 2020

Amãna Bank Fitch Rating moves upward to BB+ (lka)

Based on the latest rating review carried out in June 2020, Fitch Ratings Sri Lanka has revised the National Long Term Rating of Amãna Bank to BB+(lka) from BB(lka) with a Stable Outlook. Fitch Ratings has taken the rating review following the recalibration of its Sri Lankan National Rating scale...

Amãna Bank introduces Special Deposit Accounts
June 11, 2020

Amãna Bank introduces Special Deposit Accounts

Amãna Bank recently introduced an inward remittance based Special Deposit Account in line with the direction of the Government and the guidelines of Central Bank of Sri Lanka to manage the financial and economic challenges of the COVID-19 outbreak. The Special Deposit Account is introduced to...

Amãna Bank continues profit momentum in Q1. Records strong growth in deposits
May 20, 2020

Amãna Bank continues profit momentum in Q1. Records strong growth in deposits

Amãna Bank achieved a commendable Q1 performance in 2020, which saw its customer deposits grow by Rs 5.4 billion or by 8% to close the quarter at Rs 77.0 billion. As a result of conscious strengthening of credit risk parameters in the backdrop of challenging market conditions, advances grew only...

Amãna Bank deploys ‘Bank on Wheels’
May 15, 2020

Amãna Bank deploys ‘Bank on Wheels’

Amana Bank recently introduced ‘Bank on Wheels’, in line with the need of the customers to get their basic banking needs fulfilled amidst the Covid-19 outbreak that has forced all citizens to stay indoors, subsequently disrupting their day-to-day banking activities. Amana Bank’s ‘Bank...

Amãna Bank facilitates Internet Banking registration from Home
May 14, 2020

Amãna Bank facilitates Internet Banking registration from Home

Amana Bank now provides its customers the ability to register for Internet & Mobile banking from the safety and comfort of their homes. Customers can get registered by conveniently following a few steps; which are detailed on the Bank’s website www.amanabank.lk, while not requiring to visit...

Amãna Bank offers Relief Moratorium
April 16, 2020

Amãna Bank offers Relief Moratorium

Based on the direction of the Government and the guidelines of Central Bank of Sri Lanka towards supporting SMEs, other businesses and individuals, Amãna Bank has extended a helping hand to its customers in terms of a special relief moratorium to overcome the financial and economic challenges...

Amãna Bank records resilient performance in 2019
March 4, 2020

Amãna Bank records resilient performance in 2019

Amãna Bank ended 2019 financial year on a strong footing to record a resilient performance, whilst rewarding shareholders with an above-market dividend yield, despite the headwinds the country and its economy had to go through. The Bank’s Deposits recorded an outstanding growth of 16% to...

Amana Bank Ladies Shopping Bonanza is Back
February 14, 2020

Amana Bank Ladies Shopping Bonanza is Back

In appreciation of the significant contribution of women towards enriching the many lives around them, Amãna Bank has once again launched its “Ladies Shopping Bonanza” promotion for its Ladies Savings Debit Card holders. Through this promotion, Ladies Savings customers can stand a...

Amana Bank commemorates Independence Day
February 5, 2020

Amana Bank commemorates Independence Day

Commemorating the country’s 72nd Independence Day, Amãna Bank recently launched its Independence Day celebrations under the theme ‘Let us stand together under one flag towards enabling growth and enriching lives’. The launch event for the Independence Day campaign was held at...

Amãna Bank expands to Hill Street, Dehiwala
January 27, 2020

Amãna Bank expands to Hill Street, Dehiwala

Amãna Bank recently opened its nineteenth Self Banking Centre at Hill Street, Dehiwala under the patronage of its Head of Deposit Mobilization Arshad Jamaldeen alongside the customers and staff of the Bank. The Hill Street Self Banking Centre is the Bank’s third location in the Dehiwala...

Amãna Bank Self Banking Centre now in Kalubowila
January 22, 2020

Amãna Bank Self Banking Centre now in Kalubowila

Amãna Bank recently opened its 18th Self Banking Centre at Kalubowila to further its reach and facilitate its customers with around the clock real-time cash deposits. The new Self Banking Centre, located at No 108, Kalubowila Road was opened by the Bank’s Head of Corporate/FCBU- Western...