AmBank and Ideal Property Group collaborate on a sustainable industrial park in Penang.

AmBank And Ideal Property Group To Collaborate

AmBank will be offering special financing packages to end-buyers of Penang Technology Park in Bertam. The sustainable industrial park, which is partly financed by AmBank, comes with solar energy specialist services for all factory buildings and incorporates a rainwater and waste water management system in the 880-acre development. Christopher Yap, Managing Director, Business Banking, AmBank […]

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AmBank becomes a supporter of the task force on climate-related financial disclosures.

AmBank Supports Climate-Related Financial Disclosures

AmBank had in July 2022, become a supporter of the Task Force on Climate-related Financial Disclosures (TCFD). 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 areas of […]

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AmBank wins the ‘Excellence in Retail Financial Services Awards 2021 in Best Digital Employee Engagement Initiative/Application 2021’ by The Asian Banker.

AmBank Wins Award By The Asian Banker

AmBank has recently been accorded with the ‘Excellence in Retail Financial Services Awards 2021 – Best Digital Employee Engagement Initiative/Application 2021’ by The Asian Banker. Commenting on the award win, Aaron Loo, Managing Director, Retail Banking, AmBank said, “We are truly honoured of the recognition the Asian Banker has given AmBank for our initiatives to […]

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Ambank takes measures to strengthen its financial standings.

Ambank Strengthens its Balance Sheet

This media statement makes reference to the two (2) announcements released on Bursa Malaysia Berhad’s website by AMMB Holdings Berhad (“AMMB”) yesterday. Key highlights are as follows: Proposed Private Placement This exercise entails the issuance of up to 300,000,000 new AMMB ordinary shares (“Placement Shares”), representing approximately 9.97% of AMMB’s existing issued ordinary share capital […]

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AmBank collaborates with Merchantrade Asia Sdn Bhd to take the hybrid e-wallet landscape to the next level.

Ambank With Merchantrade to Enable Hybrid e-Wallet

AmBank has formed a strategic partnership with Merchantrade Asia Sdn Bhd that will take the e-wallet landscape to the next level. This is by the enablement of Hybrid e-wallet as part of its FinTech driven initiatives. With this Hybrid e-wallet enablement, Merchantrades’ customers are able to enjoy a much larger e-wallet capacity while reaping the […]

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AmBank Provides 6-Month Moratorium To Assist Flood Victims

Given the floods that have devastated several parts of Malaysia, AmBank is prepared to provide a moratorium of up to 6-months to its customers who are currently affected by the floods. AmBank’s flood relief moratorium will involve monthly instalments or repayments for all loans and financing facilities including credit card facilities. Tan Sri Azman Hashim, Chairman, […]

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AmBank Islamic Offers Special Financing Facility For Employees In Public Sector

AmBank Islamic has introduced a special financing facility – Personal Financing-i, which is catered for employees of the federal and state governments, selected agencies, government-linked companies (GLCs) and statutory bodies. The Personal Financing-i is a Shariah-compliant financing facility offering financing amount of up to RM200,000. This financing facility requires no guarantor, collateral and even any lock-in period. The […]

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AmBank Launches “Amazing 30” Promotional Offers

AmBank Group has launched the “Amazing 30” promotion with over 30 retailers, F&B outlets and 13 online partners offering AmBank credit and debit card customers with up to RM30 in cashback, RM30 OFF or 30% OFF. Aaron Loo, Managing Director, Retail Banking, AmBank says “This campaign was launched as part of our ongoing refresh of AmBank’s […]

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AmBank to Assist 300 Eligible SMEs

 The third season of the AmBank BizRACE was recently launched in July 2020 with an aim to help SMEs future-proof their business in light of the COVID-19 pandemic – particularly in the areas of Industrial Revolution 4.0, Digitalisation and Halal Certification. All three tracks will provide participants with development as well as guidance to apply […]

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