* PAT grows by 25% in H1 to surpass LKR 1 Bn for the first time
* Q2 PAT up by 33%
On the Bank’s top-line performance, Net Financing Income grew YoY by 16% during H1 2026 to reach LKR 4.4 billion, supported by a steady financing margin of 4.3%. For the quarter ended 30 June, Net Financing Income stood at LKR 2.2 billion, reflecting an 18% YoY growth.
The Bank’s Net Fee and Commission Income recorded strong growth, increasing by 16% to LKR 0.7 billion in H1 2026.
The Bank further strengthened its balance sheet during H1 2026, with Customer Advances growing to LKR 157.0 billion, largely driven by continued growth in its SME financing portfolio, reinforcing its commitment to supporting a vital sector of the national economy. This reflects the Bank’s prudent risk management and robust underwriting standards, underpinned by its unique development-focused and people-friendly approach to banking. Customer Deposits grew by 5% during H1 to reach LKR 180.4 billion, while the Bank continued to maintain an industry-leading CASA ratio of 45.2%.
Further, during Q2, the Bank acquired its new corporate office premises for LKR 2.7 billion, which resulted in the Bank’s Total Assets increasing to LKR 215.2 billion, reflecting a 5% growth for the half. The Bank’s share was trading at LKR 26.80 as of 30 June 2026, reflecting a 43% discount from the Bank’s Net Asset Value Per Share of LKR 47.30.
With its upward profitability trend the Bank improved its Return on Equity to 8.9%, in comparison to 8.1% in Q1 2026 and 7.8% in H1 2025, while Return on Assets stood at 1.8%.
Commenting on the Bank’s mid-year performance, Chairman Asgi Akbarally said, “As we celebrate 15 years of Amãna Bank, our strong performance during the first half of 2026 is a fitting reflection of the progress the Bank has made and the strong foundation we have laid over the years. I am particularly pleased that our growth continues to translate into greater support for customers, businesses and communities, while enabling us to create sustainable value for all our stakeholders. As we embark on the next chapter of our journey, we remain confident in the Bank’s ability to build on this momentum while remaining firmly committed to our development-focused and people-friendly approach to banking.”
Also sharing his views on the Bank’s half-year performance, Managing Director/CEO Mohamed Azmeer stated, “Our performance during the first half of 2026 reflects the continued success of our business model and the impact we have made with a unique approach to banking.
We are particularly encouraged that this growth has been achieved by continuing to support customers in Retail, SME and Corporate segments, including entrepreneurs and communities, while maintaining strong asset quality and strengthening operational efficiency. As we mark our 15th Anniversary, these results give us further confidence in the direction of the Bank and our ability to leverage on the strong foundation established over the years. With the acquisition of our new Corporate Office premises, and the subsequent board approved plan to dispose the previously held property, is expected to contribute positively towards strengthening the Bank’s financials.”
Source: Daily News
