AMMB: Merger and acquisition pool shrinking

(From left): AmBank Group chief financial officer Mandy Simpson, managing director Ashok Ramamurthy, deputy managing director Datuk Mohamed Azmi Mahmood and executive vice- president (strategic planning and investors relations) Ganesh Kumar Nadarajah after the group

KUALA LUMPUR: AMMB Holdings Bhd is still open to merger and acquisition (M&A) opportunities, but admits that the pool is getting smaller.

This is in light of the recent mega merger proposal involving CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd.