January 21, 2018 12:59 AM ET

Banks

Company Overview of Amãna Bank PLC

Company Overview

Amãna Bank PLC provides commercial banking services in Sri Lanka. It operates through Consumer Banking, Business Banking, and Treasury segments. The company offers current accounts, savings accounts, term investment accounts, foreign currency accounts, salary accounts, children’s savings accounts, ladies savings accounts, and senior citizen savings accounts, as well as savings plans and pension savers accounts. It also provides leasing, home financing, easy payment plan, education financing, and solar financing; and corporate financing for raw material, inventory, equipment, asset financing, vehicle financing, or any other asset to be purchased, as well as working capital, term, trade, and i...

No. 480, Galle Road

Colombo,  3

Sri Lanka

Founded in 2009

729 Employees

Phone:

94 11 775 6000

Fax:

94 11 471 8148

Key Executives for Amãna Bank PLC

Amãna Bank PLC does not have any Key Executives recorded.

Amãna Bank PLC Key Developments

Amãna Bank PLC Appoints Adeeb Ahmad and Mohammed Ataur Rahman Chowdhury as Non Executive, Non Independent Directors

Amana Bank PLC announced that Mr. Adeeb Ahmad and Mr. Mohammed Ataur Rahman Chowdhury were appointed to the board as Non Executive, Non Independent Directors effective January 16, 2018.

Amana Bank PLC Announces Board Changes

A A M Haroon has tendered his resignation from the board of Amana Bank PLC effective Jan. 3, 2018. Aaron Russell Davison has been appointed to the board as non-executive independent director of the bank effective Jan. 4, 2018.

Amãna Bank PLC Announces Earnings Results for Third Quarter and Nine Months Ended September 30, 2017

Amãna Bank PLC announced earnings results for third quarter and nine months ended September 30, 2017. For the quarter, the company reported net financing income of LKR 762,224,000, total operating income of LKR 946,124,000, net operating income of LKR 834,557,000, profit before tax of LKR 186,190,000 and profit for the period of LKR 115,058,000 or LKR 0.08 basic and diluted per share compared to the net financing income of LKR 533,480,000, total operating income of LKR 635,831,000, net operating income of LKR 611,757,000, profit before tax of LKR 62,909,000 and profit for the period of LKR 45,294,000 or LKR 0.04 basic and diluted per share, for the same quarter a year ago. Net fee and commission income was LKR 58,667,000 against LKR 45,792,000 a year ago. Financing income was LKR 1,478,801,000 against LKR 1,081,016,000 a year ago. For the nine months, the company reported net financing income of LKR 1,958,912,000, total operating income of LKR 2,445,038,000, net operating income of LKR 2,210,022,000, profit before tax of LKR 397,018,000 and profit for the period of LKR 266,853,000 or LKR 0.18 basic and diluted per share, net cash flows from operating activities of LKR 740,048,000, acquisition of property, plant & equipment of LKR 41,723,000, acquisition of intangible assets of LKR 100,496,000 compared to the net financing income of LKR 1,399,858,000, total operating income of LKR 1,781,849,000, net operating income of LKR 1,745,236,000, profit before tax of LKR 140,933,000 and profit for the period of LKR 101,472,000 or LKR 0.8 basic and diluted per share, net cash flows used in operating activities of LKR 48,577,000, acquisition of property, plant & equipment of LKR 84,977,000, acquisition of intangible assets of LKR 81,455,000 for the same period a year ago. Net fee and commission income was LKR 170,804,000 against LKR 144,156,000 a year ago. Financing income was LKR 4,002,727,000 against LKR 2,896,195,000 a year ago.

Similar Private Companies By Industry

Company Name Region
Bank of Ceylon Asia
Kanrich Finance Limited Asia
Lankaputhra Development Bank Ltd. Asia
National Savings Bank Asia
People's Bank Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
NYC2012, Inc. United States
John F. Kennedy Center For The Performing Arts United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Amãna Bank PLC, please visit www.amanabank.lk. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.