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Business 10 Jul 2019 | 12:00 AM

SMEs to remain main driver of AmBank’s earnings

KUALA LUMPUR: Small medium enterprises (SMEs) will remain the main driver for the AmBank Group as it aims to increase the contribution from the segment to between 30% and 40% over the next three years.

Business 08 Jul 2019 | 12:00 AM

Banks' lending activity remains robust

PETALING JAYA: Banks are not restricting lending activities amid concerns that lenders have been reluctant or stringent in their financing.

Metro News 03 Jun 2019 | 12:00 AM

100 kids treated to Raya shopping, buka puasa

A HUNDRED underprivileged children from SK Batu Sembilan in Cheras were treated to a shopping trip and buka puasa session by AmBank Group through its sports club, Kelab AmBank Group (KAG).

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.