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PETALING JAYA: AmBank Group has tied up Maxis Bhd to introduce a secure contactless payment solution, mTAP via Payments Network Malaysia Sdn Bhd (PayNet), that uses a mobile device as a payment acceptance terminal to process debit and credit card transactions.
AmBank Group CEO Datuk Sulaiman Mohd Tahir says the government’s Budget 2021 is one that is reflective of the need for mitigatory measures to manage the continued impact of the Covid-19 pandemic.
The banking sector responds to Budget 2021.
KUALA LUMPUR: AmBank Group is extending its targeted repayment assistance programme until June 30,2021 to support SMEs and Malaysians affected by Covid-19 pandemic.
AS most businesses around the world grapple to stay open and survive amidst the pandemic, some have thrived beyond expectations despite the impact of Covid-19.
KUALA LUMPUR: Integrated logistics services provider, Swift Haulage Sdn Bhd has set up a RM500mil unrated Sukuk programme while it has also secured RM231mil working capital facilities.
KUALA LUMPUR: AMMB Holdings Bhd is expecting a loss of RM25mil in revenue for every 25 basis points (bps) cuts in the overnight policy rate (OPR), which has projected to be around 1.25-1.50 per cent for 2020.
PETALING JAYA: AMMB Holdings Bhd posted an underlying net profit of RM416.7mil, up by 6.5%, in the first quarter (Q1) ended June 30,2020 after adjusting for net modification loss and pre-emptive macro provision
KUALA LUMPUR: AMMB Holdings posted underlying net profit of RM416.7mil, up by 6.5%, in the first quarter ended June 30,2020 after adjusting for net modification loss and pre-emptive macro provision. It said on