Amãna Bank : Annual Report - 2021

Annual Report 2021

As we look back in gratitude at the milestones we have achieved and celebrated over the past decade, we are truly grateful for the trust and confidence placed on us by all our stakeholders, helping us make an impact towards enabling growth and enriching lives through our unique model of people friendly banking.

We are happy to have been able to touch the lives of diverse individuals, strengthen and support various enterprises while also extending ourselves to uplift segments of society who are in need.

Entrenched in the values of goodness and people friendliness, we will continue to serve passionately. In a ceremonial year such as this, we take honour in highlighting our people, a dedicated and well engaged team that has enabled our success, sharing their stories of strength, determination and dedication.

Having been recognized amongst the top 50 strongest non-interest based banks in the world, we pay tribute with gratitude to all our stakeholders for aiding our cause.

Amãna Bank PLC  |  Annual Report 2021

1

Contents

Overview and Management Reports		Financial Reports
Financial Highlights	4	Independent Auditors' Report	192
Other Highlights	6	Statement of Profit or Loss	196
Chairman's Message	7	Statement of Comprehensive Income	197
iNdm;s;=udf.a m'jqvh	11	Statement of Financial Position	198
jiytupd; nra;jp	14	Statement of Changes in Equity	199
Chief Executive Officer's Review	19	Statement of Cash Flows	200
Board of Directors	25	Notes to the Financial Statements	201
Independent Sharia Supervisory Council	31
Profiles of Strategic Shareholders	33
Management Committee	37	Supplementary Information
Assistant Vice Presidents and Heads of Departments	38	Ten Years at a Glance	272
Senior Managers	39	Compliance with Disclosure Requirements of
Our Value Creation Model	40	Central Bank of Sri Lanka	276
Management Discussion and Analysis	43	Market Discipline Disclosure Requirements	285
Human Resource Management Review	65	Investor Relations	302
Report on Sharia Supervision	69	Correspondent Banks	307
OrphanCare	74	Glossary of Banking and	310
Corporate Social Responsibility	78	Financial Terms	310
Contribution to Sustainable Development Goals	80	Branch Network Information	316
Risk Management	85	Notice of Annual General Meeting	320
		Form of Proxy	323
		Corporate Information	Inner Back Cover
Governance
Corporate Governance	122
Bank's Compliance with Prudential Requirements	156
Directors' Statement on Internal Control
Over Financial Reporting	159
Independent Assurance Report on Directors' Statement
on Internal Control Over Financial Reporting	161
Annual Report of the Board of Directors on the
Affairs of the Bank	163
Directors' Interest in Contracts	169
Board Audit Committee Report	170
Board Integrated Risk Management Committee Report	173
Board Human Resources and Remuneration
Committee Report	176
Board Nomination Committee Report	177
Board Related Party Transactions Review
Committee Report	179
Statement of Directors' Responsibility	181
Independent Sharia Supervisory Council Report	183
iajdëk Yßhd wëlaIK iNd jd¾;dj	184
RahjPd ~hpM Nkw;ghh;itr; rigapd; mwpf;if	185	Scan to view this Annual Report online or visit
Sharia Governance	186
https://www.amanabank.lk/investor-relations/annual-reports.html
2				Amãna Bank PLC  |  Annual Report 2021

Our Vision

To be an admired leader in providing equitable financial solutions, not limited to numerics, but also in earning the trust of our customers, employees, shareholders and country.

Our Mission

To adopt a unique and people friendly approach in banking with a passion for continuous improvement, enabling growth and enriching lives.