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Amãna Bank disburses over  Rs 1.8 billion under Saubagya Covid-19 Renaissance Facility
November 20, 2020

Amãna Bank disburses over Rs 1.8 billion under Saubagya Covid-19 Renaissance Facility

Amãna Bank disburses over Rs 1.8 billion under Saubagya Covid-19 Renaissance Facility Amãna Bank, Sri Lanka’s flagship non-interest based banking provider, has obtained approval from CBSL to disburse Rs 1,904 million in re-financing to its customers under CBSL’s Saubagya Covid-19...

Amãna Bank records Resilient Performance in Q3
November 13, 2020

Amãna Bank records Resilient Performance in Q3

Amana Bank, through its resilient core banking performance, recorded a Profit Before Tax (PBT) of LKR 389 million and a Profit After Tax (PAT) of LKR 250 million for the nine months ending 30 September 2020. In comparison to the previous quarter which was impacted by the first wave of the pandemic, Amãna...

Amãna Bank Fitch Rating of BB+ stands resilient and affirmed
November 11, 2020

Amãna Bank Fitch Rating of BB+ stands resilient and affirmed

In their latest rating review carried out in October 2020, Fitch Ratings Sri Lanka has affirmed Amãna Bank’s National Long Term Rating at BB+, a rating upgrade the agency bestowed the Bank earlier in June 2020. The rating outlook remains Stable. Fitch also outlined the factors that could...

Amãna Bank wins Global Finance award
November 10, 2020

Amãna Bank wins Global Finance award

Amãna Bank has once again been recognized by the internationally acclaimed Global Finance Magazine in their 2020 honoring of non-interest based financial institutions from across the world. Amãna Bank was adjudicated as the Best Islamic Finance Institution in Sri Lanka, amidst a growing...

Amana Bank’s ‘Re-Lease’ offers solutions to release the Financial Burden.
October 22, 2020

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

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...

Amãna Bank encourages kids to make Savings a habit at home
October 16, 2020

Amãna Bank encourages kids to make Savings a habit at home

Amãna Bank recently launched a campaign titled ‘Make Savings a Habit at Home’ in the hope of inculcating the habit of savings among kids to making their dreams come true. The campaign was launched in commemorating Children’s Day which fell on 1 October 2020, where children...

Amãna Bank Toastmasters Club wins Golden Gavel Award
October 8, 2020

Amãna Bank Toastmasters Club wins Golden Gavel Award

Amãna Bank Toastmasters Club, identified to be amongst the flourishing clubs of the Toastmasters District 82, further strengthened its stake when it was awarded the prestigious Golden Gavel Award for the year 2019/2020. The Golden Gavel Award, the highest honour for clubs in Toastmasters,...

Amãna Bank employees to Race the Pearl
October 5, 2020

Amãna Bank employees to Race the Pearl

Three of Amãna Bank’s employees will be undertaking Sri Lanka’s one and only ultra-endurance cycling challenge ‘Race the Pearl’ which will take to the roads of Sri Lanka on 2 October 2020. Held for the 3rd time, ‘Race the Pearl’ is a 600km spanning cycling race...

Amãna Bank offers Govt. Employees the lowest rate for Home Financing
September 24, 2020

Amãna Bank offers Govt. Employees the lowest rate for Home Financing

With respect to everyone’s dream of having a home of their own, Amãna Bank is offering government employees a special home financing solution with the market’s lowest installment rate to make their dreams a reality. The special offer entitles government employees to benefit from a...

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...