Amãna Bank Introduces Business Plus Platinum – Elevating SME Banking to the Next Level

Amãna Bank is pleased to announce the enhancement of its Business Plus proposition with the introduction of a new premium segment – Business Plus Platinum. This exclusive tier offers Small and Medium-sized Enterprises (SMEs) an elevated banking experience with a host of value-added features, including preferential trade service tariffs, and complimentary airport lounge access– exclusive privileges designed especially for Platinum members. In addition to Platinum, the Business Plus membership is also available in Gold and Silver tiers.

Amana Bank Business Plus is an exclusive banking platform created to support the unique and evolving needs of SMEs. It offers business owners a seamless and efficient way to manage their day-to-day financial operations, empowering them to focus on driving growth and success.Supporting businesses elevate to new heights, Business Plus offers a range of benefits, including dedicated relationship manager, preferential and expedited financing solutions, payroll solutions, POS machine and QR payment solutions, special rates on Term Investments, free cheque books and online banking access. 

Moreover to support business growth Business Plus offers preferential tariffs on trade service products including Import LCs, Import Trade collections, Letter of Guarantees, Export Letter of Credits & Collections, expedited Facility Approvals and waivers on Inward Cheque Return Charges and other cheque return fees. 

Commenting on this introduction Amana Bank Chief Operating Officer Imtiaz Iqbal said "In Sri Lanka, SMEs account for over 75% of all businesses, contribute around 52% to the country’s GDP, and provide approximately 45% of total employment. Recognising the critical role SMEs play in our economy, we launched Business Plus to support their growth and success. With the introduction of the Platinum membership tier, we further reaffirm our commitment to providing the best in service and convenience, backed by people friendly and development focused banking approach. Built on our non-interest-based people-friendly and development-focused banking model, Amana Bank Business Plus offers a compelling suite of benefits—making it the ideal choice for today’s ambitious entrepreneurs."

Also commenting on the Business Plus offering Amana Bank’s Assistant Vice President  - Business Proposition and Central Region Azam Ameer said “Business Plus is not just a service; it’s our commitment to being a true financial partner to the engine of our economy. Our support enables SMEs to grow, expand into new markets, and ultimately contribute more significantly to Sri Lanka's economic development. We believe that by nurturing the growth of SMEs, we are directly fostering the growth and resilience of the entire nation.”

Amana Bank Business Plus is an exclusive banking platform created to support the unique and evolving needs of SMEs. It offers business owners a seamless and efficient way to manage their day-to-day financial operations, empowering them to focus on driving growth and success. Supporting businesses elevate to new heights, Business Plus offers a range of benefits, including dedicated relationship manager, preferential and expedited financing solutions, payroll solutions, POS machine and QR payment solutions, special rates on Term Investments, free cheque books and online banking access 

Azam further added “A key aspect of our proposition is to actively support the growth trajectory of our SME customers. Our services and dedicated support are designed to facilitate this journey, ensuring that as their business grows, their banking solutions evolve with them. We want to see our Business Plus customers successfully upgrade and transition into our larger SME and Emerging Corporates segments, reflecting their sustained growth and success.” SMEs interested in exploring the exclusive benefits of Business Plus Platinum and other membership tiers can visit their nearest Amãna Bank branch, log on to www.amanabank.lk, or call the dedicated Business Plus hotline 011 7 756 776 for more information.

Amãna 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 of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. Testifying its position as a leading practitioner of the non-interest based banking model, Amãna Banks was recognised amongst the Top 25 Strongest Islamic Bank’s in the World by The Asian Banker. 

Amãna Bank does not have any subsidiaries, associates, or affiliated institutions apart from its engagement with OrphanCare as its Founding Sponsor.