AmBank
 |
|
| Publicly traded government-linked company | |
| Traded as | MYX: |
| ISIN | MYL1015OO006 |
| Industry | Banking and Finance |
| Founded | August 1975 |
| Founder | Hussain Najadi |
| Headquarters | Kuala Lumpur, Malaysia |
|
Number of locations
|
More than 175 branches |
|
Area served
|
Personal banking services in Malaysia |
|
Key people
|
Abdul Hamidy Abdul Hafiz, Chairman Sulaiman Mohd Tahir, CEO |
| Products | Banking and Finance Services |
| Revenue | RM4.74 billion (2013) |
| Total assets | RM119 billion |
|
Number of employees
|
10,842 (2016) |
| Parent | AmBank Group |
| Website | www |
AMMB Holdings Berhad d.b.a AmBank (MYX: ) is a financial services group in Malaysia whose core businesses are retail banking, wholesale banking, islamic banking, and life and general insurance.
The group trades under a number of brands, including AmBank, AmInvestment Bank, AmInvest, AmIslamic Bank, AmGeneral Insurance and AmMetLife. AmBank, its key brand, covers its retail and wholesale banking businesses and is supported by a network of 179 branches and 884 ATM machines in Malaysia (as stated in its Annual Report 2014).
AmBank Group was founded in 1975 as Arab-Malaysian Development Bank, by Merchant Banking pioneer, Hussain Najadi via his holding company AIAK (Arab Investments for Asia Kuwait). He brought the bank public via the Kuala Lumpur Stock Exchange (KLSE) in 1981.
Tan Sri Azman Hashim, the current group chairman, has an interest of 14.01% in AMMB Holdings as at 30 June 2014. The single largest shareholder in AMMB Holdings is Australia's ANZ Group with an interest of 23.78% as at 30 June 2014. In 2006, Amcorp's interest in AMMB was reduced to 18.8% from 32.9% after the Tan Sri Azman sold 300 million shares to ANZ Group.
1976
1977
1980
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
2000
2001
2002
2003
2005
2006
2007
2008
Bank Berhad on 12 April 2008 as part of AMMB's internal corporate restructuring post the AIGB privatisation.
2009
2013
...
Wikipedia