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Budget to set tone for the future
KUALA LUMPUR: As the nation prepares for the upcoming budget announcement, Datuk Sulaiman Mohd Tahir, group CEO of AMMB Holdings Bhd and CEO of AmBank (M) Bhd comments on his expectations for the budget announcement and the outlook for Malaysia.
AmBank posts net profit of RM1.34b in FY end March 31
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.
AMMB posts higher 1H underlying net profit of RM791.9m
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.
AmBank, SDB offer RM100mil aid for Sabah SMEs
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.
AMMB expects improved policy certainties, better clarity for new decade
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.
Stronger earnings growth for AmBank in 3Q and 9 months
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.
AmBank net profit for third quarter increases to RM382mil
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).
AmBank: 24-hour approval for customers hit by Covid-19 fallout
KUALA LUMPUR: AmBank Group has prioritised providing relief to customers who are impacted by the circumstances surrounding the Covid-19 pandemic.
AMMB posts higher underlying net profit of RM416.7m in 1Q
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
AmBank extends repayment aid plan until June 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.
