Amãna Bank’s recently concluded 1 for 1 Rights Issue brought in Foreign Direct Investments valued at over USD 22 million to the country. The Rights Issue which was oversubscribed increased the Bank’s capital by Rs. 4.75 billion of which Rs.3.37 billion was from overseas shareholders. IB...
Amãna Bank ended an exceptional first half as the Bank’s Profit After Tax for the period almost tripled to Rs 151.7 million from Rs 56.1 million achieved in the corresponding period of 2016. Profit Before Tax also reflected a similar YoY growth of 170% to reach Rs 210.8 million. Profit After...
Capital Reaches LKR 10 Billion Ahead Of Time Amãna Bank was infused with over Rs. 4.75 billion to its capital base when its shareholders expressed confidence in the Bank resulting in its recent rights issue being oversubscribed. In doubling its capital, the Bank issued 1,250,695,567 ordinary voting...
Amãna Bank was adjudged IFN’s Best Islamic Bank in Sri Lanka for the 6th consecutive year, based on a global poll conducted in 2016 by the Malaysia-based RedMoney Group. The IFN Awards poll recognizes the best providers of Islamic financial services across the global markets which also include...
Amãna Bank has once again partnered with the Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Conference as its Lead Banking partner. The Conference is to take place on 11 July 2017 with the participation of many industry leaders, practitioners, advisories, regulators and scholars. Held...
Amãna Bank has received confirmation from IB Growth Fund (Labuan) LLP, a subsidiary of the Islamic Corporation for the Development of the Private Sector (ICD), to participate in the Bank’s forthcoming rights issue. ICD is a multilateral development financial institution and is part of the...
Amãna Bank recorded a successful first quarter, in which the Bank achieved a Profit Before Tax of Rs 92.5 million, reflecting a remarkable YoY growth of 83% from the corresponding period of 2016. The Bank’s Profit After Tax for the same period grew by 74% to reach Rs 66.6 million. Growing...
Amãna Bank recently launched its fifth remote ATM at the South Eastern University of Sri Lanka in Oluvil. This offsite ATM marked the Bank’s 34th ATM, allowing customers in the vicinity to access their accounts 24 hours a day providing greater convenience and accessibility. The offsite ATM...
Core banking growth continues with 30% YOY growth in net financing income The year 2016 saw Amãna Bank continue its positive growth momentum in core banking, leveraging on its strategic focus of being primarily an SME and Retail Bank. Financing Income crossed the Rs 4 billion mark by the end of...
Amãna Bank recently rewarded its Children’s Savings Account holders who performed exceptionally well at the Grade 5 Scholarship Examinations 2016. Over 100 students who surpassed the respective cut-off marks of their district were rewarded with a credit of Rs.5000/- to their Children’s...
Amãna Bank opened its 6th Branch in Colombo and overall 28th Branch in Demetagoda recently under the patronage of the Bank’s Director Dr A. A. M. Haroon alongside Director Jazri Magdon Ismail, Sharia Supervisory Council Member Ash Sheik M.M.A. Mubarak, Chief Executive Officer Mohamed Azmeer,...
Amãna Bank recently opened a new branch in Old Moor Street, furthering its reach in and around Colombo for customers to access its non-interest based unique banking model as well as strengthen its focus on the country’s SME sector. The new branch located at No 330, Old Moor Street, Colombo...
The world-renowned ‘Global Finance Magazine’ recently recognized and listed Amãna Bank in the magazine’s ‘Innovator 2016’ Index for its novel Gold Certificate Financing product which was introduced as an alternative for conventional pawning. This prestigious index...
Amãna Bank, Sri Lanka’s premier non-interest based licensed commercial bank has tied up with Imperial College of Business Studies (ICBS) to offer affordable Education Finance facilities for students undergoing undergraduate and postgraduate degree programs offered by the institute. ICBS,...
Owning your dream home is now made easy with Amãna Bank Home Financing. Offering attractive financing schemes, Amãna Bank Home Financing gives the customer the option to purchase a bare land for construction; purchase a completed house or apartment; construct, renovate and extend one’s...
Amãna Bank has taken the initiative to encourage and reward the academic achievements of its Children’s Savings account holders who are sitting the forthcoming Grade 5 Scholarship Examinations. Account holders who score above the cut-off mark will be rewarded with Rs.5,000/- while an additional...
Up by 19.2% from 1H 2015. Records PBT of LKR 78 million Amãna Bank recorded another successful half year of banking operations by achieving a Profit Before Tax of LKR 78 million for the six months ending 30 June 2016, despite challenging and competitive market conditions. Financing Income for...
Amãna Bank was awarded the Gold Award for the Islamic Finance Entity of the Year at the recently concluded inaugural Islamic Finance Forum of South Asia (IFFSA) Awards Night, cementing its leadership status in the Non-Interest based banking and finance industry in Sri Lanka. Held for the first...
Towards providing its customers with greater convenience and access, Amãna Bank recently joined the LankaPay Common ATM Switch(CAS), reaching yet another significant milestone in the Bank’s journey. Since the initiation in 2013 under the guidance and approval of Central Bank of Sri Lanka,...
With an objective of promoting the growing non-interest based Islamic banking and finance industry in Sri Lanka and the region, Amãna Bank has come forward to sponsor the inaugural Islamic Finance Forum of South Asia (IFFSA) as its Lead Banking Partner. The event, which is to take place on 26...
