Amana Bank opens first Self Banking Centre at Slave Island

Wednesday, 27 December 2017 00:00 - - {{hitsCtrl.values.hits}}

Amãna Bank inaugurated its first Self Banking Centre at Slave Island under the patronage of Chief Executive Officer Mohamed Azmeer alongside the Bank’s Director Jazri Magdon Ismail and members of the Management Committee.

The Self Banking Centre, which is one of many to be launched, currently houses a cash deposit machine and a cheque deposit box to facilitate 24x7 transactions for customers.

Commenting on the bank’s initiative to introduce self banking centres, Chief Executive Officer Azmeer stated: “While customers have 24x7 access to over 4,000 ATMs through the LankaPay network for withdrawals, their access to deposits was limited to only standard banking hours at our branches. With the introduction of our Self Banking Centre, customers now have the convenience of making deposits around the clock. We intend to expand this initiative to many more regions, thereby providing greater reach and access to our valued customers.”

The Slave Island Self Banking Centre is centrally located at No. 113, Justice Akbar Mawatha, Colombo 2. Amãna Bank is the country’s first and only Licensed Commercial Bank to operate in complete harmony with the globally growing non-interest-based banking model. With the mission of Enabling Growth and Enriching Lives, the bank reaches out to its customers through a growing network of 28 branches and more than 4,000 ATM access points and has introduced an array of customer convenience features such as internet and mobile banking, a debit card with SMS alerts, online account opening, 365-day banking, Saturday banking, extended banking hours, 24x7 cash deposit machines and banking units exclusively for ladies.

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 Awards ceremony held in Washington DC, USA. The bank was also bestowed the coveted title of ‘Islamic Finance Entity of the Year’ at the inaugural Islamic Finance Forum of South Asia Awards ceremony. Amãna Bank Plc is a standalone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah-based IDB Group, the principal shareholder, having a 29.97% stake in the bank.

The IDB Group is a ‘AAA’ rated multilateral development financial institution with a capital base of over $ 150 billion, which has a membership of 57 countries. Fitch Ratings in October 2017 affirmed Amãna Bank’s National Long-term Rating of BB(lka) with a Stable Outlook. Amãna Bank does not have any subsidiaries, associates or affiliated institutions representing it.