Amãna Bank wins Gold for ‘Entity of the Year’; most awarded at SLIBFI Awards

Friday, 11 December 2020 00:00 - - {{hitsCtrl.values.hits}}

Amãna Bank CEO Mohamed Azmeer

p>Amãna Bank was bestowed with three Gold Awards including the Gold for the most coveted Entity of the Year Award at the recently concluded SLIBFI Awards 2020 where the awards were adjudicated by KPMG.

In addition to winning the pinnacle award for Entity of the Year once again, Amãna Bank won two more Gold Awards and One Merit Award, thereby being the most awarded at SLIBFI 2020. The Gold Awards were won for Social Upliftment Project of the Year for Amãna Bank OrphanCare and Marketing Campaign of the Year for Amãna Savings Plan. The Merit Award was bestowed in recognition for Amãna Bank Business Plus as the Product of the Year.

Commenting on the awards, CEO Mohamed Azmeer said, “We are truly honoured to have once again been bestowed with the Gold Award for Entity of the Year at SLIBFI Awards, testifying our commitment and relentlessness to not only lead but also grow the non-interest-based banking and finance industry in Sri Lanka towards enabling growth and enriching lives amidst the economic challenges. I would like to dedicate this award to all our customers, fellow staff and other stakeholders for their continued trust and confidence in us.”

On winning the Gold Award for Social Upliftment Azmeer said, “Winning this Gold Award is an encouragement for Amãna Bank OrphanCare which continues to benefit orphan children by giving them a reasonable choice in life. I would like to thank our Trustees, Donors and Partners for their support towards our cause.” To date Amãna Bank OrphanCare has enrolled over 2,800 deserving orphan children across the country and has completed 5 rounds of fund disbursements.

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. In October 2020 Fitch Ratings Sri Lanka affirmed the National Long Term Rating of Amãna Bank to BB+(lka) with a Stable Outlook. Amãna Bank does not have any subsidiaries, associates or affiliated institutions, other than the ‘OrphanCare’ Trust.