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AMÃNA BANK EMPOWERS WOMEN ENTREPRENEURS TO FULFIL THEIR DREAMS

With the outset of the Covid-19 pandemic, the country has witnessed a boom of women entrepreneurs, who have taken up additional responsibilities to support their families. Their tireless entrepreneurial efforts have come amidst confronting unprecedented socioeconomic challenges and financial constraints. In helping overcome these constraints, Amãna Bank has launched a dedicated financial empowerment scheme for women with entrepreneurial ambitions to support their dreams to in bringing financial prosperity to their family’s well-being.

Building trust, adequate access to capital and the right financial partner for growth are a few major issues every entrepreneur faces when trying to achieve ambitious goals. With Amãna Bank’s ‘Women Entrepreneur Financing’ scheme, budding business ideas have the platform to leverage and thrive as they can get financial support from as low as Rs 50,000/- up to Rs 1 million while enjoying repayment tenures up to 5 years. Existing Amana Bank’s Ladies Savings Account holders will benefit from preferential consideration on rates and benefits. Customers may also apply for the facility jointly with their spouses if required.

Commenting on the campaign, the Bank’s Head of Retail Financing Riyaz Noor said “We believe entrepreneurship is the backbone in driving any business aspirations. Therefore, we have embarked on a special facility to finance the requirements of women entrepreneurs, who are the backbone of any family, towards making their business story successful. We believe this will help women entrepreneurs to accelerate revenue generation and create more employment. We invite all such ambitious women to experience people-friendly banking”.

Amãna Bank is the only Bank in Sri Lanka to provide services exclusively for women, which includes the Exclusive Ladies’ branch at Head office and exclusive Ladies’ units at selected branches. The Bank also offers exclusive Ladies Saving Accounts, Ladies Current Accounts, Women Entrepreneurship Financing and Exclusive Ladies Debit Card with Online transaction facility and year around offers.

Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah-based IsDB Group being the principal shareholder having a 29.97% shareholding of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. Testifying its position as a leading practitioner of the non-interest based banking model, Amãna Bank is recognised amongst the Top 50 Strongest Islamic Bank’s in the World by The Asian Banker. Amãna Bank does not have any subsidiaries, associates, or affiliated institutions.

A women entrepreneur receiving her facility from Asst. Manager – Cards & VAS Muhara Razak while Head of Retail Financing Riyaz Noor looks on