PETALING JAYA: AMMB Holdings Bhd
’s wholly-owned subsidiary, AmBank (M) Bhd, has obtained Bank Negara’s approval and completed the lodgement with the Securities Commission for the establishment of subordinated notes programme up to RM8bil, comprising Basel III-compliant additional tier-one subordinated notes or AT1 Notes and tier-two subordinated notes or Tier 2 Notes programme.
In a filing with Bursa Malaysia, AMMB said the subordinated notes programme is structured in accordance with the Capital Adequacy Framework (Capital Components) issued by Bank Negara on Dec 9, 2020.
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