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KUALA LUMPUR: Perak Transit Bhd issued a second tranche of RM100mil Islamic medium term notes (IMTN), of which UOB Malaysia and AmBank Group were the subscribers.
KUALA LUMPUR: AmBank Islamic Bhd recently garnered three awards at the Global Banking & Finance Awards 2021.
WHILE banking stocks have so far acted negatively to the Finance Ministry’s (MoF) instruction to get banks working on exempting interest payments for moratorium borrowers, observers say it is too early to predict the exact impact on banks.
KUALA LUMPUR: Economists have welcomed the government’s Special Covid-19 Aid (BKC) as a much needed relief for the vulnerable population of the country.
KUALA LUMPURL TA Research has raised the target price of AmBank group to RM3.70 from RM3.40. and reiterated its Buy call.
PETALING JAYA: Although inflationary pressure may ease somewhat, prices could remain elevated this year. This may put a strain on the cost of living.
PETALING JAYA: AmBank Group has made a net profit of RM386.60mil for the quarter under review, an increase of 5.9% from the net profit of RM365.16mil it made a year ago amid an uneven economic recovery.
KUALA LUMPUR: AmBank Group started its new financial year with net profit of RM386.60mil, an increase of 5.9% from the RM365.16mil a year ago amid a bumpy road in the country’s economic recovery due to the Covid-19 pandemic.
WHENEVER new governments come into power, there is always the risk of an immediate impact to the economy, as new policies get implemented and old ones are dismantled.