AmBank upbeat about FY24 after solid first half

The group stands at a position of strength with a much-improved capital position, said group CEO Sulaiman.

PETALING JAYA: AMMB Holdings Bhd (AmBank) logs an improved performance in the first half of its 2024 financial year (FY24) as it navigates a challenging external environment in the second quarter of 2023.

The group also stands at a position of strength with a much-improved capital position, which led to an upgrade in the group’s credit rating to AA2 by RAM Rating Services Bhd, according to group chief executive officer Datuk Sulaiman Mohd Tahir in a statement.