In appreciation of parents nurturing the habit of regular savings for their children by having a monthly standing order, Amãna Bank granted a year-end bonus to such qualifying children’s savings accounts based on their track record in 2020.
Having launched the Standing Order Bonus promotion last year, the Bank rewarded over 2,000 children’s savings account holders who received a minimum of 10 continuous monthly standing orders from their parent or guardians accounts with a bonus equivalent to their standing order amount up to Rs 2,000/-.
Speaking on the Children’s Savings bonus scheme the Bank’s Head of Deposit Mobilization Arshad Jamaldeen stated “Despite being a challenging time for many financially, our customers ensured their monthly standing orders for their children’s savings were active. We feel it is important to appreciate and encourage such parents with a year-end bonus to their children. Owing to the success of last year’s programme and to encourage parents to save more for their children, I am happy to inform that the Bank has increased the maximum Bonus value by 5 times, up to Rs 10,000/- for the 2021 Standing Order bonus promotion.”
To assist interested customers to establish a standing order or to increase the existing standing order value, the Bank can be conveniently reached by either sending a message on the Bank’s internet banking platform or visiting bit.ly/AmanaCSO for easy on-boarding.
In addition to providing a standing order bonus, as a measure to encourage parents to start saving for their children from an early age, Amana Bank also rewards a pre-loaded balance of Rs 1,000/- to all new accounts opened for children under the age of 2 years.
Amãna Bank is the country’s first and only Licensed Commercial Bank to operate in complete harmony with the globally growing non-interest based people friendly banking model. With the mission of Enabling Growth and Enriching Lives, the Bank reaches out to its customers through a growing network of branches and Self Banking Centres spread across the country while having access to 5000 +ATMs for withdrawals and 850+ Pay&Go Kiosks for real time deposits. Customer can also benefit from an array of customer conveniences such as Internet & Mobile Banking, 24x7 Cash Deposit Machines and Banking Units Exclusively for Ladies.
Amana 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 IsDB Group being the principal shareholder having a 29.97% shareholding of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. Amãna Bank does not have any subsidiaries, associates or affiliated institutions, other than its flagship CSR project the ‘OrphanCare’ Trust.