Amana Bank recognised for outstanding performance on risk management at second ICC Emerging Asia Banking Awards

Monday, 4 November 2024 02:33 - - {{hitsCtrl.values.hits}}

Amana Bank Chief Operating Officer Imtiaz Iqbal (right) receiving award at ICC Emerging Asia Banking Conclave 2024

Amana Bank was honoured with Best Performance on Risk Management at the second ICC Emerging Asia Banking Awards 2024 organised by the Indian Chamber of Commerce (ICC) to recognise outstanding performance in the banking domain across the South-Asian region.

The Association of Professional Bankers – Sri Lanka, partnered with the ICC to ensure the event’s success. Representing Amana Bank to receive the award, Chief Operating Officer Imtiaz Iqbal said, “We are honoured to have won this prestigious award, competing against leading banks. This recognition underscores the strength of Amana Bank’s asset-backed unique banking model, which inherently promotes financial discipline, prudent financial practices, and risk-sharing. Our success in risk management is built on a foundation of robust underwriting practices, a comprehensive risk management framework, and proactive customer engagement. By focusing on sectoral investments, we have effectively managed credit risk and maintained a high-quality portfolio. I would like to extend my deepest gratitude to our dedicated team, whose commitment to excellence in risk management has been integral to achieving this recognition.”

The award ceremony was preceded by banking conclave featuring a distinguished line-up of speakers including Department of Financial Services of the Government of India Secretary Shri Vivek Josh, State Bank of India Chairman Shri Dinesh Kumar Khara, and Central Bank of Sri Lanka Deputy Governor A. A. M. Thassim representing Sri Lanka.

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