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Alternative Views: The buck should not just stop with AmBank s shareholders

Alternative Views: The buck should not just stop with AmBank s shareholders
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

New zealandHong kongAndrea vellaPakatan harapanJohn waldronMichael sherwoodDatuk sulaiman mohd tahirMichael evansStephen scherrAmbankm bhdAzman hashimGary cohnLloyd blankfeinDavid viniarGoldman sachDavid solomon

What s next for AMMB after RM2 8b settlement over 1MDB fiasco?

What s next for AMMB after RM2 8b settlement over 1MDB fiasco?
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala lumpurDatuk sulaiman mohd tahirMalaysia development bhdHoldings bhdDevelopment bhdEdge malaysiaகுவாலா லம்பூர்மலேசியா வளர்ச்சி ப்ட்ஹோல்டிங்ஸ் ப்ட்வளர்ச்சி ப்ட்விளிம்பு மலேசியா

RM2 83 billion global settlement should resolve AMMB s 1MDB legacy issues

RM2 83 billion global settlement should resolve AMMB s 1MDB legacy issues
thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.

Malaysia generalDatuk sulaiman mohd tahirSecurities commissionMinistry of financeMalaysia development bhdBank negara malaysiaHoldings bhdDevelopment bhdBank negaraSulaiman mohd tahirமலேசியா ஜநரல்பத்திரங்கள் தரகுஅமைச்சகம் ஆஃப் நிதிமலேசியா வளர்ச்சி ப்ட்வங்கி நெகாரா மலேசியாஹோல்டிங்ஸ் ப்ட்

AmBank s 3Q net profit down 30 96% on higher allowance for loans impairment

AMMB Holdings Bhd (AmBank)’s net profit for the third quarter ended Dec 31, 2020 (3QFY21) fell 30.96% to RM263.83 million from RM382.15 million a year ago, due to higher allowance for impairment on loans, advances, and financing.

Kuala lumpurDatuk sulaiman mohd tahirMinistry of finance malaysiaMalaysia development bhdHoldings bhd ambankBursa malaysiaOvernight policy rateDevelopment bhdகுவாலா லம்பூர்அமைச்சகம் ஆஃப் நிதி மலேசியாமலேசியா வளர்ச்சி ப்ட்ஓவர்‌நைட் பாலிஸீ ரேட்வளர்ச்சி ப்ட்

AMMB posts net profit of RM262 8m in 3Q, RM1 09b in 9M

posted lower net profit of RM263.82mil in the third quarter ended Dec 31,2020 and RM866.31mil in the nine-month period due to allowance for impairments on loans, advances and financing. The banking group said in a statement, the 3Q net profit was lower by 31% from the RM382.15mil a year ago due to allowance of impairments totalling RM257.74mil compared with RM67.51mil a year ago. For the nine-month period, its net profit was down by 20.8% from the RM1.09bil a year ago due to allowance for impairment of RM661.52mil compared with RM127.78mil in the previous corresponding period.

Kuala lumpurDatuk sulaiman mohd tahirMinistry of finance malaysiaAmbank groupMalaysia development bhdHoldings bhdSulaiman mohd tahirMalaysian governmentDevelopment bhdMacro provisions1malaysia development bhdFocus 8 strategyகுவாலா லம்பூர்அமைச்சகம் ஆஃப் நிதி மலேசியாமலேசியா வளர்ச்சி ப்ட்ஹோல்டிங்ஸ் ப்ட்