Amana Bank presents ‘Expat Gold’ to Lankan expats in Saudi

Monday, 9 July 2018 00:54 -     - {{hitsCtrl.values.hits}}

Sri Lankan Ambassador in Riyadh Azmi Thassim (third left) is seen with the members of the Amana Bank delegation at his residence during a dinner banquet held on Wednesday. Also seen is Commercial Counsellor Gayan Rajapakse 


By Mohammed Rasooldeen in Riyadh

A high-level delegation from Amana Bank which visited Riyadh during the weekend, unveiled a package of banking solutions dubbed ‘Expat Gold’ which would help its customers to enjoy all the facilities of modern banking according to Islamic Shariah.

The delegation comprising Vice President Amana Bank for Treasury and Financial Institutions Pharis Jaleel, its Vice President, Siddeeque Akbar Vice President Retail Banking and Marketing, Naina Marikar Head of Remittance Business and Roshan Aliyar Manager Deposits and Expat Banking.

The presentation was held at the residence of the Sri Lankan Ambassador Azmi Thassim in Riyadh on Wednesday.

Siddeeque, who was speaking following the introductory remarks made by the ambassador, told the expatriate community here that Amana was in the Kingdom to offer complete banking solutions to the Sri Lankan expatriates.

Although the bank was established in 2011, he said, it took some time for the bank to come to Saudi Arabia till it was ready with full-fledged banking solutions to the to cater to the expatriates in the Kingdom. 

Pointing out that the Expat Gold program would facilitate easy solutions for the banking needs of the people, Siddeeque said that the bank has deployed a special officer to look after the needs of the expatriate customers. It will offer personalised services for its clients and even the bank would offer meet and greet services at the airport when the customers arrive at the Colombo airport.

With the mission of enabling growth and enriching lives, the bank reaches out to its customers through a growing network of 28 branches and 4000+ ATM access points and has introduced an array of customer conveniences such as Internet and Mobile Banking, Debit Card with SMS alerts, he said pointing out that Online Account Opening, 365 Day Banking, Saturday Banking, Extended Banking Hours, 24x7 Cash Deposit Machines and Banking Units Exclusively for Ladies are also available.

Amãna Bank 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 an ‘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 the bank.

“We also welcome constructive suggestions to improve our services but we are sure that we are now providing the state-of-the art services to all our clients,” he said, adding that it is a good platform for the people who wants to be away from Ribah, which is based on traditional interests found in traditional banks.