KUALA LUMPUR: AMMB Holdings Bhd
’s wholly-owned subsidiaries, AmBank (M) Bhd and AmBank Islamic Bhd, have completed the lodgement with the Securities Commission to establish a RM4bil commercial papers programme and a RM3bil Islamic commercial papers programme (ICP Programme), respectively.
“The programmes will give AmBank and AmBank Islamic an additional option to raise funds from time to time to finance working capital, general banking or other corporate requirements,” AMMB said in a filing with Bursa Malaysia.
