AmBank approves RM130 million green financing for Arica
KUCHING: AmBank Group has given Persada Mentari Sdn Bhd (PMSB) a RM130 million loan for their development project called Arica @Andaman Island. According to the press release, this funding is considered “green financing” because it supports environmentally friendly initiatives. The CEO of AmBank Group, Datuk Sulaiman Mohd Tahir, expressed his satisfaction with supporting PMSB’s green […]
AmBank reports strong results H1FY23
KUCHING: AmBank Group on today (Dec 1) announced its financial results for the period ended Sept 30, 2022 (H1FY23). The group’s net profit after tax and minority interests (PATMI) grew 20.8 per cent YoY (Year on Year) to RM854.6mil. The group delivered a total income of RM2,346.5mil. NII grew by 10.4 per cent YoY driven […]
AmBank Islamic bags Best Islamic Corporate Bank Malaysia 2022 award for third consecutive year
KUALA LUMPUR: AmBank Islamic has clinched the Best Islamic Corporate Bank Malaysia 2022 title for the third consecutive year at the Global Banking & Finance Awards 2022. “We are honoured to win this award. It reaffirms our position as a leading Islamic bank in offering market oriented and digitally enabled Sharia-compliant products and banking solutions,” […]
AmBank chairman to retire in March
KUCHING: Tan Sri Azman Hashim of AmBank Group will continue to contribute as chairman emeritus and honorary advisor upon his retirement and will remain as a major shareholder of the group. The AMMB Holdings Bhd chairman and board member will retire on March 31, 2022, after the end of the banking group’s financial year. “I […]
AmBank announces millionaire campaign’s grand prizes winners
KUCHING: Wong Mee Mee from Selangor has won the RM1 million cash grand prize of AmBank Islamic’s “Anyone Could Be A Millionaire” campaign which was concluded recently. Meanwhile, Ho Tien Sion and Yap Shu Fang, both from Johor, emerged as second prize winners, taking home RM100,000 cash each. The campaign that ran from Sept 1 […]
Only targeted moratorium after this, no blanket extension
KUALA LUMPUR: AMMB Holdings Bhd (AmBank Group) is looking at providing targeted moratorium on bank loan repayments to its customers after the current six-month moratorium period ends, said chief executive officer Datuk Sulaiman Mohd Tahir. He said extending the financial relief on a blanket basis was not a wise move given the different environment during […]
