AmBank’s total income grows


AmBank's CEO Sulaiman Mohd Tahir said the bank will focus on strengthening its balance sheet, customer debt rehabilitation, maintaining higher liquidity buffers and driving further cost efficiencies in the new year.

KUALA LUMPUR: AMMB Holdings Bhd’s (AmBank) total income for the financial year ended March 31,2021 (FY21) grew by 7.7% to RM4.55bil on higher net interest income (NII) as well as noninterest income (NoII).

NII came in 5.8% higher year-on-year (y-o-y) at RM2.94bil on the back of 7.0% loans growth, the banking group said in a statement yesterday.

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