Favourable outlook for AmBank


AmBank group chief executive Jamie Ling.

PETALING JAYA: AMMB Holdings Bhd (AmBank) is optimistic about its prospects for the financial year ending March 2025 (FY25) as it has recorded improved performance in the first half of the year compared with the same corresponding period previously.

‘“We are pleased with our progress in the first half, as further net interest margin (NIM) expansion drove net interest income higher and we incurred significantly lower net impairment charges for the period,” said group chief executive Jamie Ling in a statement.

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