Amana Bank PLC has announced a solid performance in the first half of 2025, with Profit Before Tax (PBT) surpassing the Rs. 1.5 billion mark, a 14% year-on-year increase.
The bank's Profit After Tax (PAT) also grew by 18% to Rs. 901.3 million.
For the second quarter alone, PBT grew by an impressive 29% to Rs. 798.6 million, while PAT surged by 37% to Rs. 467.2 million.
The bank's Net Fee and Commission Income also saw a strong rise, increasing by 59% in the second quarter and 30% in the first half.
Building on the momentum of its Q1 performance, Amana Bank recorded a commendable 20% increase in customer advances, reaching Rs. 134.1 billion, while deposits grew by Rs. 15 billion to close at Rs. 169.3 billion.
The bank also achieved a significant milestone by surpassing Rs. 200 billion in Total Assets, making it one of the fastest banks in the country to reach this landmark.
In a separate development, Amana Bank was globally recognised as the ‘Most Impactful ICD Investee Company of the Year’ at the IsDB Group Private Sector Forum Awards 2025.
This prestigious award was given in recognition of the bank's contributions to Sri Lanka's economic development, particularly through the empowerment of small and medium enterprises.
Commenting on the results, Chairman Asgi Akbarally said the consistent performance reflects the strength of their unique banking model.
The bank's Managing Director and CEO, Mohamed Azmeer, added that the performance was driven by a development-focused approach and prudent risk management.
The bank's Profit After Tax (PAT) also grew by 18% to Rs. 901.3 million.
For the second quarter alone, PBT grew by an impressive 29% to Rs. 798.6 million, while PAT surged by 37% to Rs. 467.2 million.
The bank's Net Fee and Commission Income also saw a strong rise, increasing by 59% in the second quarter and 30% in the first half.
Building on the momentum of its Q1 performance, Amana Bank recorded a commendable 20% increase in customer advances, reaching Rs. 134.1 billion, while deposits grew by Rs. 15 billion to close at Rs. 169.3 billion.
The bank also achieved a significant milestone by surpassing Rs. 200 billion in Total Assets, making it one of the fastest banks in the country to reach this landmark.
In a separate development, Amana Bank was globally recognised as the ‘Most Impactful ICD Investee Company of the Year’ at the IsDB Group Private Sector Forum Awards 2025.
This prestigious award was given in recognition of the bank's contributions to Sri Lanka's economic development, particularly through the empowerment of small and medium enterprises.
Commenting on the results, Chairman Asgi Akbarally said the consistent performance reflects the strength of their unique banking model.
The bank's Managing Director and CEO, Mohamed Azmeer, added that the performance was driven by a development-focused approach and prudent risk management.
