KUALA LUMPUR: AMMB Holdings Bhd
(Ambank) shrugged off the effects of net interest margin (NIM) compression in FY24 to record stronger bottomline compared to the previous year.
Over the full financial year, the bank posted a net profit of RM1.87bil as compared to RM1.71bil in FY23, while revenue came in at RM4.65bil, which was slightly lower than RM4.71bil in the previous year.
