AMMB

Great Eastern’s Malaysian units acquire AmMetLife, enter exclusive distribution partnership

SUBSIDIARIES of insurance company Great Eastern Holdings (GEH) have inked an agreement to acquire AmMetLife Insurance Berhad (AML) and AmMetLife Takaful Berhad (AMT).

AMMB has been approached by other industry players and private equity firms which have expressed interest in AmInvest, the people said.

Malaysia's AMMB muling sale of US$300m asset manager, sources say

AMMB Holding, a financial services group in Malaysia, is weighing a sale of its asset management unit that could be valued at as much as US$300 million, according to people with knowledge of the matte...

Malaysia's AMMB, RHB Bank to end merger talks

Malaysia's AMMB, RHB Bank to end merger talks

[KUALA LUMPUR] RHB Bank Bhd, Malaysia's fourth-largest lender by assets, and AMMB Holdings Bhd are planning to scrap their proposed merger, according to people with knowledge of the matter.

ANZ considering sale of stake in Malaysia's AmBank: sources

ANZ considering sale of stake in Malaysia's AmBank: sources

ANZ Banking Group is weighing the sale of its 24 per cent stake in Malaysian lender AMMB Holdings Bhd (AmBank) and is also seeking to reduce its 20 per cent stake in China's Shanghai Rural Commercial ...

Malaysia's AMMB sees 4-5% loan growth this year after mortgage push

Malaysia's AMMB sees 4-5% loan growth this year after mortgage push

[KUALA LUMPUR] AMMB Holdings Bhd , Malaysia's sixth-largest bank by assets, on Thursday forecast loan growth of 4 percent to 5 percent this year, from 3 per cent a year prior, due to the lender's aggr...