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KUALA LUMPUR: AMMB Holdings Bhd posted net profit of RM1.34bil for FY ended March 31,2020, down by 10.9% from RM1.50bil a year ago due to a net impairment charge after taking pre-emptive macro provision in the final quarter due to the Covid-19 pandemic.
KUALA LUMPUR: AMMB posted higher underlying net profit of RM791.9mil in the first half ended Sept 30,2020 -- which was an increase of 11.4% from a year ago – excluding its adjustment for modification loss and higher macro provisions due to the Covid-19 pandemic.
KUALA LUMPUR: AmBank Group and Sabah Development Bank Bhd (SDB) are rolling out RM100mil worth of financing for small and medium enterprises (SMEs) in Sabah in the first quarter of this year.
KUALA LUMPUR: AMMB Holdings Bhd expects the banking sector to continue to see improved policy certainties and better clarity which will enable it to ride through the challenges in the new decade.
KUALA LUMPUR: AmBank Bhd posted stronger earnings of RM382.15mil in the third quarter and RM1.09bil in the nine months ended Dec 31,2019, underpinned by stronger net interest income (NII) and non-interest income.
PETALING JAYA: AMMB Holdings Bhd (AmBank Group) registered a 9.2% year-on-year increase in net profit to RM382.15mil for the third quarter of the financial year ending March 31,2020 (FY20).
KUALA LUMPUR: AmBank Group has prioritised providing relief to customers who are impacted by the circumstances surrounding the Covid-19 pandemic.
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