KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.
KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.
KUALA LUMPUR, Sept 9 (Bernama) -- AmBank Group will continue to strengthen its strategic partnerships with Chinese banks such as China Construction Bank (CCB), Industrial and Commercial Bank of China (ICBC) and Bank of China, as well as leading Chinese entities to support the inflow of foreign direct investment (FDI) into Malaysia.
KUALA LUMPUR, Sept 4 (Bernama) -- AmBank Group will provide RM780 million in financing to Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern & Oriental Bhd (E&O), for the Andaman Island project.
KUALA LUMPUR, July 17 (Bernama) -- The government should adopt more holistic and forward-looking reforms to manage the rising cost of living, beyond short-term fiscal support, said AmBank Group chief economist Firdaos Rosli.
By Karina Imran
KUALA LUMPUR, June 16 (Bernama) -- With over 60 years of experience in the banking industry, Tan Sri Azman Hashim stands not only as an icon of Malaysian finance but also as a remarkable businessman, passionate sportsman, avid singer and dedicated philanthropist.
KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.
KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.
KUALA LUMPUR, March 27 (Bernama) -- AMMB Holdings Bhd (AmBank Group) is expected to sustain strong earnings growth quarter-on-quarter, driven by robust loan expansion and lower operating expenses following the absence of a bonus provision, Public Investment Bank Bhd (PIVB) said.
KUALA LUMPUR, March 21 (Bernama) -- AmBank Islamic Bhd has granted up to RM180 million in financing facilities to Nextgreen Global Bhd’s subsidiary, Ultimate Ivory Sdn Bhd, to fund land reclamation, infrastructure development and utilities for Nextgreen’s Green Technology Park (GTP) in Pahang.
KUALA LUMPUR, Feb 20 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a lower net profit of RM486.49 million for the third quarter (3Q) ended Dec 31, 2024, down from RM543.41 million a year earlier.
KUALA LUMPUR, Feb 14 (Bernama) -- MNRB Holdings Bhd (MNRB) has appointed former AmBank Group chief executive officer, Datuk Sulaiman Mohd Tahir as its new non-independent and non-executive chairman, effective today.
