SMEs to remain main driver of AmBank’s earnings


  • Business
  • Wednesday, 10 Jul 2019

Sulaiman: When it comes to deposits, because it’s so competitive, sometimes it compresses the margin.

KUALA LUMPUR: Small medium enterprises (SMEs) will remain the main driver for the AmBank Group as it aims to increase the contribution from the segment to between 30% and 40% over the next three years.

CEO Datuk Sulaiman Mohd Tahir said there is a strong drive and growth particularly in the SME segment, which currently contributes around 23% to the group’s earnings.

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