Research Houses Maintain 'Buy' Call for AMMB
Hong Leong Investment Bank Bhd (HLIB) has reiterated its ‘buy’ call on AMMB Holdings Bhd’s (KL:AMBANK) shares after the banking group revealed its business plan for the next five years.
AMMB Holdings Berhad (KLSE:AMBANK) Is Paying Out A Larger Dividend Than Last Year
AmBank Launches AmBank BizRACE Season 4, 30 Finalists to Compete
KUALA LUMPUR (June 12): AmBank Group has launched its AmBank BizRACE Season 4, with the selection of 30 outstanding businesses, to compete as future-ready businesses. In a statement on Wednesday, the banking group said the chosen companies, operating for three- to 60 years across variou...
ANZ Sells Remaining 5.2% Shareholding in AmBank
ANZ Sells Remaining 5.2% Shareholding in AmBank
ANZ to Sell Remaining 5.17% Stake in AmBank for up to RM701 Mil
Australia & New Zealand Banking Group Ltd (ANZ) is inviting bids to sell its remaining 5.17% stake in AMMB Holdings Bhd (KL:AMBANK) for up to RM701.16 million.
AMMB's Profit Rises in Fiscal Q4
AMMB Holdings (KLSE:AMBANK) booked a higher profit attributable to equity holders of 476.5 million ringgit in the fiscal fourth quarter ended March 31, compared with 427.4 million ringgit a year ago.
AMMB Likely to Grow Net Interest Margin in 1Q -- Market Talk
AMMB has scope to grow its net interest margin in fiscal 1Q, as it focuses on optimizing funding costs and increasing its loan-to-deposit ratio, Hong Leong IB analyst Chan Jit Hoong says in a note.
AMMB Sees NIM Expansion Likely in Current April-June Quarter
KUALA LUMPUR (May 27): AMMB Holdings Bhd (KL:AMBANK) says pressure on its net interest margin (NIM) appears to be easing and the group is expecting NIM to expand in the April to June period this year — its first quarter of FY2025.
AMMB to Speed up Loan Growth to 4-5% in FY2025
AMMB Holdings Bhd (KL:AMBANK), Malaysia’s sixth-largest banking group, said on Monday it is seeking to accelerate loan growth to 4-5% after falling short of its own target last year.
AMMB FY2024 Net Profit Rises 9% to RM1.87 Billion, Declares Dividend 16.50 Sen
KUALA LUMPUR (May 27): AMMB Holdings Bhd's (KL:AMBANK) net profit for the financial year ended March 31, 2024 (FY2024) rose 9.4% year-on-year (y-o-y) to RM1.87 billion from RM1.71 billion despite lower revenue of RM4.65 billion versus RM4.71 billion.
Those Who Invested in AMMB Holdings Berhad (KLSE:AMBANK) Three Years Ago Are up 62%
AMMB to Report 7% Full-year Net Profit Growth, Higher Dividend — RHB IB
KUALA LUMPUR (May 15): AMMB Holdings Bhd (KL:AMBANK), Malaysia’s sixth-largest banking group by assets, is expected to report a 9.8% growth in net profit when it releases its fourth-quarter results this month, RHB Investment Bank said.
Individual Investors Account for 37% of AMMB Holdings Berhad's (KLSE:AMBANK) Ownership, While Institutions Account for 36%
AMBANK GROUP MAINTAINS GDP FORECAST AT 4.5 PCT THIS YEAR
Market Chatter: Bank Pembangunan Malaysia Names New Chairman
Bank Pembangunan Malaysia appointed Sulaiman Mohd Tahir as its new chairman and independent non-executive director, effective March 20, The Star reported Monday, citing the bank. Sulaiman has over thr
AMMB to Wind Up Unit
AMMB Holdings (KLSE:AMBANK) said it has decided to wind up its subsidiary, MBF Cards (M'sia), at the shareholders meeting, according to a Friday Malaysian bourse filing. The dissolution will not mater
AMBANK EARNINGS OUTLOOK PROMISING - HLIB
AMMB Holdings Could See Better Sequential Earnings -- Market Talk
AMMB Holdings could see better sequential earnings, driven by likely lower net credit costs, Hong Leong IB analyst Chan Jit Hoong says in a note.
AmBank Group Grants RM300 Mil Facilities to Uzma Subsidiary
AmBank Group has granted a RM300 million in financing facilities to Uzma Engineering Sdn Bhd (UESB), a wholly owned subsidiary of Uzma Bhd to support key contracts awarded by Petronas Carigali Sdn Bhd (PCSB), the oil and gas (O&G) exploration and production subsidiary of Petroliam Nasional Bhd (Petronas).
ANZ Sells 16.5% of Shareholding in AmBank
Australia's fourth-biggest bank ANZ Group has agreed to sell 16.5% of the issued capital in AMMB Holdings Bhd (AmBank) via a block trade at a price of RM3.85 per share.
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