PETALING JAYA: The proposed merger is credit positive for AmBank (M) Bhd (Baa1/Baa1 stable, baa3), AmBank Group’s main operating bank, because its distribution, funding resources and systemic importance would benefit from being part of a larger Malaysian banking group, according to Moody’s Investors Service.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!