Business News

Amãna Bank made a generous contribution for the second consecutive year to the Serendib Educational Foundation (SEF) in providing financial assistance and scholarships to deserving students who are capable of pursuing their studies but are unable to do so due to financial constraints.

Closeup, the toothpaste you choose when you want to get up close and personal, has introduced a one of a kind consumer promotion, the first to give away an unbelievable shopping spree in partnership with Sri Lanka’s Largest Fashion Retailer – NOLIMIT.

Sampath Bank one of the nation’s premier private commercial bank has now introduced the country’s lowest ever Vehicle leasing interest rate of 12% per annum under “Sampath Leasing Wasi Thun Mase” promotional period, during months of June, July & August.

Mihin Lanka, Sri Lanka's national low-cost carrier was the official airline partner for the ‘Harley Davidson Street Thunder 2014’ tour which took place recently in Sri Lanka.– The tour comprised an eight-day journey conducted by Harley Davidson bikers from the U.A.E.

Sri Lanka’s premier bank operating on Islamic banking principles, Amãna Bank now offers the market’s lowest five years Leasing (Ijara) rental of Rs 2,131/=(inclusive of VAT) per month for Rs. 100,000/- lease.

Commenting on this Amãna Bank’s Head of Leasing and Home Finance Mr Chaminda De Silva said “We are indeed delighted to offer the lowest five year leasing rental for brand new & unregistered vehicles in the market, which further strengthens our commitment to offer convenient and affordable leasing facilities to our valued customers. Further, there are no hidden residual payments or other hidden charges to this offer and customers can obtain the credit approval for their lease facility within 24 hours from any of our branches located island wide.”

Elaborating on the Bank’s unique Leasing concept Mr Siddeeque Akbar, VP Consumer Banking and Strategic Marketing said “Our leasing concept operates according to Ijara principles, where the Bank buys the vehicle the customer requires and rents it back to the customer so that he/she could enjoy using the vehicle. At the end of the agreed rental period the Bank will gift the vehicle to the customer so that the customer can enjoy the full ownership of it.”

With an effective service through minimum paper work and less hassle, Amãna Bank Leasing offers minimal processing time and speedy delivery. The leasing facilities are provided up to 5 years and 100% of the vehicle value for brand new and unregistered vehicles. Easy payment options are also available for insurance based on customer preference whilst no guarantors are required for professionals. A special offer is also available for registered vehicles.

Amãna Bank is the first Licensed Commercial Bank in Sri Lanka to operate in complete harmony with the non-interest based Islamic banking model. 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, Amãna Bank is making inroads within the Sri Lankan banking industry and is focused on capitalizing the growing market potential for the unique banking model across the country.



The Commercial Bank of Ceylon has once again partnered with Diesel and Motor Engineering PLC (DIMO) to offer attractive leasing options for TATA commercial vehicles in a sixth month promotion commencing August 2014.

Marking 25 years of enabling world-class, secure paymentsin Sri Lanka,MasterCard today launched ‘MasterCardGanu Denu’ for all MasterCard and Maestro cardholders in the country.

Airline unveils special fares for advance bookings to destinations in the Far East, Middle East, Europe and Americas.

MTD Walkers PLC posted a net profit of Rs.370 million recording an impressive growth of 96% for the 1st quarter FY 2014/2015 when compared to the 1st quarter of the previous financial year. The Group Revenue for the period grew by 76% to Rs. 3.3 billion.

Innovation, R&D and Operational Capabilities to Boost Success of Service Providers and Enterprises in the Digital Economy.