DEPENDING on the pricing, there could be a lot of synergies in the proposed merger between the commercial banking and finance arms of Commerce Asset-Holding Bhd (CAHB) and AMMB Holdings Bhd, with the union benefiting the former in particular, analysts say.
The merger, if realised, would favour CAHB as it would transform the corporate centric lender into a more balanced lender, with its consumer loans accounting for about 40% of the combined loan base, said DBS Vickers Securities.