AmBank net profit for third quarter increases to RM382mil

AmBank Group CEO Datuk Sulaiman Mohd Tahir(pic) said: “The banking group has once again managed to outpace the macroeconomic and geopolitical headwinds plaguing the sector."

PETALING JAYA: AMMB Holdings Bhd (AmBank Group) registered a 9.2% year-on-year increase in net profit to RM382.15mil for the third quarter of the financial year ending March 31,2020 (FY20).

The bank’s net profit for the first nine months of FY20 rose 4.5% to RM1.09bil, as compared to the corresponding period last year.