Amãna Bank opened its doors in the gem capital of Sri Lanka, taking its unique model of banking services to the residents of Ratnapura. The 24th branch of the bank is situated at 131-133, Main Street, Ratnapura and is the 10th branch opened by the bank during this year.

The branch was declared open by the chief guest, Ratnapura Mayor Kapil Abeyratne, Amãna Bank MD and CEO Faizal Salieh, COO Mohamed Azmeer along with the other officials of the bank, invitees and customers.

Speaking at the opening ceremony, Salieh said, “We are delighted to have arrived in this city of gems and precious stones and introduce our unique model of interest-free banking to the people and businesses of Ratnapura.

We have seen a rapid growth of the city involving gem trading and other SME businesses. Our main focus in Ratnapura is to provide consumers and small and medium enterprises (SMEs) with unique financial products and solutions based on the principles of equity, fairness and justice and foster the development of entrepreneurs.”

In his speech, Abeyratne said, “We are indeed happy to have Amãna Bank in Ratnapura in order to cater to the financial needs of all the traders in the area. Amãna Bank’s unique model of banking based on fairness and fair play in the industry is a factor to be admired.” The mayor also spoke about the city’s development plans.

The bank also awarded a number of gifts to several underprivileged students studying at various schools in Ratnapura at the branch opening. The gifts were given away by Abeyratne and Ratnapura Chamber of Commerce Chairman L.H.D. Shantha Lal.

Amana Bank gifted nine students with pre-loaded children’s savings accounts and stationary items at the Ratnapura branch opening.

The Ratnapura branch will provide a wide range of products and services such as current accounts, savings accounts, foreign currency accounts, children’s savings accounts, term investment accounts, ladies’ savings, senior citizens savings, salary savings, home financing, leasing, easy payment plans, SME banking, corporate banking, trade services, treasury services as well as automated teller machine (ATM) facilities.

Powered by the stability and the support of its strategic shareholders - Bank Islam Malaysia Berhad, the Islamic Development Bank based in Saudi Arabia and AB Bank in Bangladesh - the bank is focused on capitalizing the growing market potential for its unique banking model across the country.