Amana Bank completes 14 years of people-friendly and development focussed banking

AMANA Bank, Sri Lanka's first and only licensed commercial bank operating entirely under the non-interest-based Islamic banking model, marked 14 years of operations on 1 August 2025. Since opening its doors in 2011 with a limited branch network, the bank has grown significantly, today serving over 500,000 customers through a footprint of 68 customer touchpoints, including 33 branches and 35 self-banking centres.

- 

This remarkable growth reflects the bank's commitment towards enabling growth and enriching lives of its customers through the bank's people-friendly and development-focused model of banking.

Building on this strong foundation, Amana Bank has continued to demonstrate robust financial performance and sustainable growth, underscoring its position as a key player in Sri Lanka's banking sector. As of Q1 2025, Amana Bank's Total Assets were nearing Rs. 190 billion, while Customer Deposits and Customer Advances stood at Rs. 159 billion and Rs. 125 billion respectively making it one of the fastest banks to reach such milestones. For 2024, the bank recorded a Profit After Tax of Rs. 1.8 billion, enabling it to continue its dividend-paying trend for the seventh consecutive year. As a result, total dividends declared since 2018 have exceeded Rs. 2 billion. Reflecting the bank's strong financial performance, Fitch Ratings Sri Lanka recently upgraded its National Long-Term Rating to BBB-(lka) with a Stable Outlook, while Lanka Rating Agency assigned an initial rating of BBB+, further affirming Amana Bank's creditworthiness and market standing.