Amana Bank crowned as Best Bank in SL at Emerging Asia Banking Awards 2025

Amana Bank Senior Vice President and Chief Risk Officer M.M.S. Quvylidh receives Best Bank Award from former Reserve Bank of India Executive Director S. Ganesh Kumar 

Amana Bank emerged as the Best Bank in Sri Lanka at Indian Chamber of Commerce (ICC) Emerging Asia Banking Awards 2025, adjudicated by PwC. 

In addition to this coveted title, Amana Bank was also honoured with the award for Best Performance on Asset Quality, reflecting the bank’s disciplined credit management, prudent risk assessment and strong financial resilience.

The awards were adjudicated among entries from The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) countries, including Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. 

The awards ceremony was held recently in New Delhi, where Amana Bank was represented by its Senior Vice President/Chief Risk Officer M.M.S. Quvylidh. 

The Sri Lankan partner for the Awards was the Association of Professional Bankers, underscoring the collaborative role of Sri Lanka in this regional initiative.

Amana Bank Senior Vice President and Chief Risk Officer M.M.S. Quvylidh receives Best Performance on Asset Quality Award from HDB Financials Ltd Non-Executive Chairman and former State Bank of India Managing Director Arijit Basu 

The awards were preceded by the Emerging Asia Banking Conclave, which brought together industry leaders to explore the theme ‘From Responsible AI to SME Growth and Wealth Portfolios — Witness the Great Banking Leap of the BIMSTEC Region.’ Among the distinguished speakers was Central Bank Deputy Governor J.P.R. Karunaratne, who shared insights on information technology risks in the banking industry in the context of emerging economies.

Amana Bank Chairman Asgi Akbarally stated “This accolade is a strong testament to the resilience of our unique non-interest-based banking model, robustness of our governance frameworks and trust we have cultivated within the financial industry.”

Managing Director/CEO Mohamed Azmeer said, “These achievements reflect the passion and dedication of our team as well as the trust and confidence placed in us by our valued customers and partners.”