PETALING JAYA: AMMB Holdings Bhd (AmBank) had considered the impact of the RM2.83bil payment it has to make to the government “very seriously” and says it will “redouble” its efforts to ensure it returns to profitability within its targeted timeframe.
Group CEO Datuk Sulaiman Mohd Tahir said the banking group had taken into consideration the consequences of the global settlement on all stakeholders, including the man-on-the-street and that “any kind of protracted delay on this settlement would certainly impact business.”