Sunday Times (Sri Lanka)

Credit approval within 3 Days for Your Dream Home with Amãna Bank

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Owning your dream home is now made easy with Amãna Bank Home Financing. Offering attractive financing schemes, Amãna Bank Home Financing gives the customer the option to purchase a bare land for constructi­on; purchase a completed house or apartment; construct, renovate and extend one’s house or even refinance the costs incurred in purchasing or building a home. To benefit on the attractive schemes, customers also have the option of transferri­ng an existing housing facility to Amãna Bank.

With Amãna Bank’s Home Finance Facility, the Bank will partner with the customer in buying or building the home and will let the customer buy back the Bank’s share over a period of time. The Bank will rent its share of the house to the customer so that the customer could enjoy the full usage of the house at all times.

Commenting on the Home Financing Facility, Amãna Bank’s Assistant Vice President and Head of Leasing & Home Finance Chaminda De Silva said “We have products to suit your need. Whether you are selfemploy­ed or salaried, Amana Bank will offer a facility that is just right for you.” Amana Bank Home Finance Facility is designed for today’s home hunter and offers a number of benefits such as credit approval within 3 days, long term financing, a grace period of 12 months for constructi­on and take over facilities, competitiv­e rentals to suit your income capacity and many more. Customers can also calculate a monthly instalment to suit them best by visiting the Financing Calculator available on the Bank’s website www.amanabank.lk. Amana Bank is Sri Lanka’s premier licensed commercial bank operating on the Non-interest based banking principles and is a fully fledged financial institutio­n offering tailormade solutions through a range of innovative product platforms touching people of all walks of lives.Fitch Ratings, in October 2015, affirmed the Bank’s National Long Term Rating of BB(lka) with a Stable Outlook. The Bank was recognized as the Best ‘Up-and-Comer’ Islamic Bank of the World by ‘Global Finance Magazine’ at the 18th Annual World’s Best Banks Award Ceremony held in Washington DC, USA. The Bank was also bestowed the coveted title ‘Islamic Finance Entity of the Year 2016’ at the inaugural Islamic Finance Forum of South Asia Awards Ceremony held in July. Powered by the stability and support of its strategic shareholde­rs including, Bank Islam Malaysia Berhad, AB Bank in Bangladesh and Islamic Developmen­t Bank based in Saudi Arabia, Amãna Bank is making strong inroads within the Sri Lankan banking industry and is focused on capitalizi­ng the growing market potential for its unique banking model across the country.

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