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Amana Bank (Sri Lanka)

Banks established in 2009Banks of Sri LankaCompanies listed on the Colombo Stock ExchangeSri Lankan companies established in 2009

Amãna Bank is the first and only licensed commercial bank in Sri Lanka to conduct all its operations under the principles of Islamic banking and be fully disengaged from interest based transactions, offering the full spectrum of retail banking, SME banking, corporate banking, treasury and trade finance services. With the mission of enabling growth and enriching lives, the bank reaches over 400,000 customers through a growing network of 33 branches, 20 self banking centres and 5,400+ ATM access points and has introduced a bouquet of customer conveniences such as online banking, online account opening, VISA debit card with SMS alerts, 365 day banking, Saturday banking, extended banking hours, 24x7 cash deposit machines and banking units exclusively for ladies. 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 IDB Group being the principal shareholder having a 29.97% stake of the Bank. The IDB Group is a ‘AAA’ rated multilateral development Financial institution with a capital base of over US$150 Billion which has a membership of 57 countries. Powered by the stability and support of the IDB Group along with other strategic shareholders including Bank Islam Malaysia, AB Bank of Bangladesh and Akbar Brothers, Amãna Bank is making strong inroads within the Sri Lankan banking industry and is focused on capitalising on the growing market potential for its unique banking model across the country. The bank's head office is located at 486 Galle Road, Colombo, and it maintains branches at 33 locations around the country.In April 2020, Fitch Ratings assigned Amana Bank PLC a rating of ("BB+" with a Stable Outlook).

Excerpt from the Wikipedia article Amana Bank (Sri Lanka) (License: CC BY-SA 3.0, Authors).

Amana Bank (Sri Lanka)
Galle Road, Colombo Bambalapitiya

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N 6.9041666666667 ° E 79.851944444444 °
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Galle Road 379/4
00300 Colombo, Bambalapitiya
Western Province, Sri Lanka
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Public Utilities Commission of Sri Lanka
Public Utilities Commission of Sri Lanka

The Public Utilities Commission of Sri Lanka (abbreviated PUCSL) (Sinhala: ශ්‍රී ලංකා මහජන උපයෝගිතා කොමිෂන් සභාව Śrī Laṃkā mahajana upayōgithā komishan sabhāwa; Tamil: இலங்கைப் பொதுப் பயன்பாடுகள் ஆணைக்குழ) is the government entity responsible for policy formulation and regulation of the electric power distribution, water supply, petroleum resources, and other public utilities in Sri Lanka.The PUCSL was established by the Public Utilities Commission of Sri Lanka Act, No. 35 of 2002, and has authority for the execution of its duties through this Act, as well as through those established for organizations, agencies and corporations involved in providing public utilities in the country. It has a broad mandate to act both as a consumer protection authority, as well as an advisory, inspection and policy formulation body; as such, it is also involved in issuing and enforcing licences that regulate utilities on the island, enforcing contracts between utilities providers and the State, regulating utilities tariffs, resolving disputes (both between utilities providers and the State, and between them and the public), and the establishment and enforcing safety and quality standards within the utilities sector (including standardization of the country's power plugs and sockets). The Commission seeks to promote competition and efficiency among utilities providers, and harmonise the country's utilities sector with international standards.The commission has recently been assigned the task of producing Sri Lanka's long-term power generation plan in the middle of power shortages and an impending energy crisis in the country- the Electricity Supply 2020 and Beyond report has been the subject of minor controversy, with unionized employees of the Ceylon Electricity Board in particular taking issue with it.