Amãna Bank opens for biz in Kirulapone

Amãna Bank expanded its reach in Colombo by opening a branch in Kirulapone recently. Located at No. 124 Maya Avenue, the branch will cater to a cross section of localities including Havelock Town, Pamankada, Kohuwala and Nugegoda. 

The branch was declared open by the bank’s Deputy Chairman Tyeab Akbarally along with the bank’s Chief Executive Officer Mohamed Azmeer in the presence of the Board of Directors, senior management, customers and other invitees.

Addressing those present at the branch opening, the Bank’s Chief Executive Officer Mohamed Azmeer said: “We are delighted to mark our much awaited presence in Kirulapone. Kirulapone and its surrounding neighbourhoods are known to be very diverse in terms ethnicity, wealth distribution, professions, types of businesses and industry sectors, corporates and SMEs, institutions, etc. Further, I am happy to note that the Kirulapone branch is also housed with an Amãna Bank Vantage centre, an exclusive banking unit for the bank’s most valued customers. The branch also offers an exclusive ladies unit, providing greater privacy and comfort for women to conduct their banking activities. With a strategic focus towards the Retail and SME sector, we strongly believe that our unique products and services cater to the varying needs of our diverse customers.” 

The Kirulapone branch also offers the bank’s award-winning Gold Certificate Financing Facility, which was introduced as an alternative for conventional pawning. With a view of enriching customer convenience, the bank offers its customers internet and mobile banking facilities in comfort and on the go as well as a debit card which has access to 3,500 ATMs island-wide and online payment capabilities.

Amãna Bank Plc is the first licensed commercial bank in Sri Lanka to operate in complete harmony with the non-interest-based Islamic banking model. Fitch Ratings, in October 2016, affirmed the bank’s National Long-term Rating of BB (lka) with a Stable Outlook. 

The bank was recognised as the Best Up-and-Comer Islamic Bank of the World by Global Finance Magazine at the 18th Annual World’s Best Banks Award Ceremony held in Washington DC, US. The bank was also bestowed the coveted title of Islamic Finance Entity of the Year 2016 at the inaugural Islamic Finance Forum of the South Asia Awards Ceremony held in July. Powered by the stability and support of its strategic shareholders, including Bank Islam Malaysia Berhad, AB Bank in Bangladesh and Islamic Development Bank based in Saudi Arabia, 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.