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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AmBank Improves Its Digital Banking Experience On AmOnline

AmBank Group is pleased to announce its award winning mobile app – AmOnline has been refreshed with a much improved design and user experience. The new AmOnline app will be available on iOs, Android and Huawei by August 2020. Aaron Loo, Managing Director, Retail Banking, AmBank (M) Bhd said “We are constantly enhancing our mobile banking […]

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AmBank Introduces SME Tailored Solution with Maxis

AmBank and Maxis have introduced ‘SME-in-a-Box’, a one stop solution offering comprehensive and simple financing and digital solutions for SMEs that leverages the potential of e-Commerce particularly in these challenging times. For SMEs that do not have an e-Commerce platform, SME-in-a-Box comes with services that can help them launch one quickly. SME-in-a-Box provides an easy […]

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