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Possible Bank Consolidation for AmBank After Settlement of RM2.86billion?
In a shocking turn of events, it was recently revealed that AmBank Group was involved in the prominent 1Malaysia Development Bhd (1MDB) case. AMMB Holdings...
Malaysia's Bank Loan Moratorium 2020
In banking, a moratorium is a temporary suspension or delay of loan repayment. In light of the worsening Covid19 situation in this country, most banks in...
AmBank FY19 Net Profit Rises to RM1.5b
AmBank Group’s net profit for the financial year ended 31 March 2019 rose by 32.9% to RM1.505bil from RM1.132bil in FY18, driven by its strong transforma...
AmBank Research Maintains 2019 Inflation Target at 1%
AmBank Research maintains its full-year inflation target at one per cent and believes Bank Negara Malaysia (BNM) would keep its rates unchanged after insti...
Will We Have the 2nd OPR Cut by Early 2020?
Bank Negara Malaysia (BNM) will likely reduce the key interest rate for the second time in late 2019 or early 2020 if the country’s economic progression ...
AmBank Aims to Disburse Over RM20b Loans to Spur Development of SMEs in Next 3 Years
AMMB Holdings Bhd (AmBank Group) is targeting to disburse more than RM20 billion in loans in the next three years to spur development of small and medium s...
Banks Exercise Considerable Flexibility in Granting Housing Loans, With Three in Four Loans Approved
In slamming reports that banks are too strict with housing loans, Bank Negara Malaysia clarified that financial institutions exercise "considerable flexibi...
Ambank Predicts 5.5% Domestic Growth in 2018
KUALA LUMPUR: AmBank Research projected today that Malaysia's domestic economy would grow around 5.5 percent this year, while export was expected to grow a...
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