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Jul 9, 2018 @ 16:46

This Muslim bank is first to offer help in Marawi revival


It may be one of the smallest lenders, but its impact is huge to the people of Marawi City.

Finance Secretary Carlos Dominguez III had utmost respect for the Al Amanah Islamic Investment Bank, which he said is a big catalyst in helping Marawi recover from the ruins of war.

In a statement, the Cabinet official underscored how big a help the Islamic bank is in reviving life and business in the war-torn city.

“Very few banks have ventured back into this disrupted city. Al Amanah is here because it has a vital role to perform,” Dominguez said.

“I am sure the Al Amanah Marawi branch will be helpful in the process of rebuilding this great city. The branch is ready to assist local businesses in their recovery and make available micro-financing products for the people of this great city determined to rebuild their lives.”

The Al Amanah opened a new branch inside the main campus of the Mindanao State University is serving residents via two Automated Teller Machines, and is also offering micro loans to residents and businesses.

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