Amana Bank (Sri Lanka)

Coordinates: 06°54′15″N 79°51′07″E / 6.90417°N 79.85194°E / 6.90417; 79.85194
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Amana Bank PLC
Company typePublic
CSEABL.N0000
ISINLK0424N00008
IndustryFinancial services
FoundedFebruary 5, 2009; 15 years ago (2009-02-05)
Headquarters,
Sri Lanka
Number of locations
33 branches (20 ATMs)
Key people
  • Ali Asghar Akbarally (Chairman)
  • Mohamed Azmeer (CEO/Managing Director)
RevenueIncrease LKR12.113 billion (2022)
Increase LKR2.991 billion (2022)
Decrease LKR788 million (2022)
Total assetsIncrease LKR141.688 billion (2022)
Total equityIncrease LKR14.361 billion (2022)
Owner
  • IB Growth Fund (Labuan) LLP (23.65%)
  • Seylan Bank PLC/Senthilverl Holdings (Pvt) Ltd (10.00%)
Number of employees
797 (2022)
Websitewww.amanabank.lk
Footnotes / references
[1]

Amãna Bank is the first and only licensed commercial bank in Sri Lanka to conduct all its operations under the principles of Islamic banking and be fully disengaged from interest based transactions, offering the full spectrum of retail banking, SME banking, corporate banking, treasury and trade finance services.

With the mission of enabling growth and enriching lives, the bank reaches over 400,000 customers through a growing network of 33 branches, 20 self banking centres and 5,400+ ATM access points and has introduced a bouquet of customer conveniences such as online banking, online account opening, VISA debit card with SMS alerts, 365 day banking, Saturday banking, extended banking hours, 24x7 cash deposit machines and banking units exclusively for ladies.

Amãna 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 IDB Group being the principal shareholder having a 29.97% stake of the Bank. The IDB Group is a ‘AAA’ rated multilateral development Financial institution with a capital base of over US$150 Billion which has a membership of 57 countries. Powered by the stability and support of the IDB Group along with other strategic shareholders including Bank Islam Malaysia, AB Bank of Bangladesh and Akbar Brothers, Amãna Bank is making strong inroads within the Sri Lankan banking industry and is focused on capitalising on the growing market potential for its unique banking model across the country.

The bank's head office is located at 486 Galle Road, Colombo,[2] and it maintains branches at 33 locations around the country.[3]

In April 2020,[4] Fitch Ratings assigned Amana Bank PLC a rating of ("BB+" with a Stable Outlook).[5]

See also[edit]

References[edit]

  1. ^ "Annual Report 2022" (PDF). cse.lk. Amana Bank PLC. Retrieved 28 February 2023.
  2. ^ Google (8 July 2016). "Location of the headquarters of Amana Bak PLC, Colombo, Sri Lanka" (Map). Google Maps. Google. Retrieved 8 July 2016.
  3. ^ Kompass Sri Lanka (8 July 2016). "Branch List of Amana Bank PLC". Colombo: Kompass Sri Lanka. Retrieved 8 July 2016.
  4. ^ "Amãna Bank Fitch Rating moves upward to BB+ (Lka)". 12 June 2020.
  5. ^ "Fitch Publishes Amana Bank Plc's Rating of 'BB(lka)'; Outlook Stable". Reuters.com. 2 April 2015. Retrieved 8 July 2016.

External links[edit]

06°54′15″N 79°51′07″E / 6.90417°N 79.85194°E / 6.90417; 79.85194