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Business 29 May 2019 | 12:00 AM

AmBank targets to maintain loan growth rate and reduce costs

KUALA LUMPUR: AMMB Holdings Bhd or the AmBank Group is targeting to maintain its loan growth of 6% for financial year 2020 (FY20) if the country’s GDP hovers around 4.5%.

Business 28 May 2019 | 5:58 AM

AmBank FY19 net profit rises to RM1.5b

KUALA LUMPUR: AmBank Group's net profit for the financial year ended March 31, 2019 rose by 32.9% to RM1.505bil from RM1.132bil in FY18, driven by its strong transformation strategy, net recovery and lower expenses.

Business 15 May 2019 | 12:00 AM

Higher loan growth can offset impact of rate cut

KUALA LUMPUR: Banks in Malaysia will benefit from the recent cut in the overnight policy rate (OPR) if the move results in a higher loan growth, according to AmBank Group chief executive officer Datuk Sulaiman Mohd Tahir (pic).

SME 22 Apr 2019 | 5:43 AM

AmBank bags a ‘double’ at CGC SME awards

KUALA LUMPUR: AmBank (M) Bhd bagged the Top Financial Institution (FI) Partner Award for Commercial category and Top FI Award for the Bumiputera category at the recent CGC SME Awards 2018.

Business 19 Apr 2019 | 12:00 AM

AmBank CEO: M’sia fundamentals remain strong

KUALA LUMPUR: AmBank (M) Bhd is confident the government will not let the potential downgrade by FTSE Russell and Norway’s sovereign wealth fund pullout from Malaysia’s government bonds affect the country’s economic growth.

Business 09 Apr 2019 | 12:00 AM

AmBank targets RM6.8bil SME loans

KUALA LUMPUR: AmBank Group has invested in a new system to speed up loan approvals for small businesses as the bank set a higher growth target for this competitive segment.

SME 08 Apr 2019 | 4:31 AM

AmBank to disburse RM6.8bil to SMEs

KUALA LUMPUR: Ambank Group expects to disburse RM6.8bil worth of loans to 2,350 small medium enterprises (SMEs) this year, underpinned by its established channels, products and segments.

Metro News 08 Mar 2019 | 12:00 AM

Bank wins NOSH excellence award

AMBANK group won the “2018 National OSH Excellence Award” in the Financial Institution category at the recent National Occupational Safety and Health (NOSH) Excellence Awards 2018 ceremony.

Corporate News 22 Feb 2019 | 12:00 AM

AMMB Q3 net profit up 60% to RM349.87mil

PETALING JAYA: AMMB Holdings Bhd’s earnings climbed almost 60% to RM349.87mil in the third quarter ended Dec 31, 2018 (3Q18) from RM219mil a year ago, boosted by a higher lending volume, lower cost base and increase in recoveries.

Corporate News 21 Feb 2019 | 6:21 AM

AMMB Q3 net profit jumps nearly 60% to RM349.8m

KUALA LUMPUR: AMMB Holdings Bhd's earnings climbed by 59.7% to RM349.87mil in the third quarter ended Dec 31, 2018 from a year ago, boosted by higher lending volume, lower cost base and increase in recoveries.

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