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Ambank merger still a rumour

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) has clarified that the recent media reports involving AmBank Group regarding mergers and acquisitions (M&A) are purely speculative. “As you are aware, we are governed by exacting disclosure requirements. “If and when we have anything pertinent to announce, in accordance with best practices and corporate governance, a Bursa announcement […]

AmBank spreads joy in heart-warming CNY short film

KUCHING: Ambank launched its festive short film under its broader CNY promotional campaign, highlighting the concept of ‘Embracing Happiness’ for its valued customers in conjunction with the upcoming Chinese New Year 2023 celebration. The bank said the three-minute film ‘Treasure Our Love’ is a heart-warming story of a little girl who takes its viewers on […]

AmBank Becomes a Supporter of The Task Force on Climate-Related Financial Disclosures

KUCHING: AmBank had become a supporter of the Task Force on Climate-related Financial Disclosures (TCFD) in July this year. Established in 2015, the United Nations backed-TCFD was formed with the goal of developing a set of voluntary climate-related financial risk disclosures for use by companies, banks and investors in providing information to stakeholders. The four […]

AmBank committed to minimise carbon footprint at workplace

KUCHING: The AmBank Group continues to complement its Environmental, Social, and Governance (ESG) best practices with the latest initiative in highlighting the awareness of reducing carbon footprint at workplace amongst its employees. In its sustainability journey, various awareness and education programmes have been actively conducted for its employees to appreciate the relationship between business and […]

AmBank partners with MAIK to facilitate Waqaf contributions via PayNet

KUCHING: AmBank has announced a strategic collaboration with Majlis Agama Islam dan Adat Istiadat Melayu Kelantan (MAIK) to process Waqaf contributions using DirectDebit via e-Mandate, a digital payment service introduced by Payments Network Malaysia Sdn Bhd (PayNet). Through this collaboration, Waqaf contributors now can channel their contributions online to MAIK which provides added convenience, accessibility, […]

AmBank, Lazada to offer local MSEMs up to RM2 mln for business financing

KUALA LUMPUR: AmBank Group has partnered with Lazada, Southeast Asia’s pioneer e-commerce platform, to offer business financing of up to RM2 million to empower micro, small and medium enterprises (MSMEs) on Lazada Malaysia’s platform to grow and sustain their online businesses. AmBank’s Retail Banking managing director Aaron Loo said the collaboration is expected to assist […]

Malaysia to grow by 8.4% in second quarter

KUALA LUMPUR: Malaysia’s second quarter gross domestic product is expected to expand by 8.4 per cent year-on-year (y-o-y), way stronger than the consensus forecast (at 6.9 per cent), driven mainly by the robust external trade performance which improved by 30 per cent y-o-y, AmBank Research said. The second quarter (Q2 2022) gross domestic product (GDP) […]

Apple Pay now available for AmBank card users

KUCHING: Customers of AmBank will be able to utilise Apple Pay, a secure, simple, contactless method of payment that enables users to use the iPhone’s security features to safeguard each transaction. It is a simple approach to avoid clients from giving their payment card to someone else, tapping physical buttons, or exchanging cash. Group chief […]

JomPAY & Win! campaign returns for PTPTN borrowers

KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN), in collaboration with Ambank (M) Bhd and Payments Network Malaysia (PayNet), is back with the 2022 JomPAY & Win! campaign. This is the third edition of the campaign since its introduction in 2020. In a statement today, PTPTN said the collaboration is a testament to the […]