AmBank
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AMMB Holdings Berhad (AmBank) | |
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Type | Public |
Founded | |
Headquarters | Kuala Lumpur, Malaysia |
Area served | Personal banking services in Malaysia |
Key people | Tan Sri Azman Hashim, Executive Chairman |
Industry | Banking and Finance |
Products | Banking and Finance Services |
Website | http://www.ambg.com.my/ |
AMMB Holdings (MYX: 1015) (which trades as AmBank Group) specializes in Islamic financial service products. AmBank Group controls dozens of subsidiaries and affiliates, providing individuals and businesses with a range of financial services and products through some 200 offices. Tan Sri Azman Hashim, the chairman, controls about one-third of AMMB Holdings. In 2006, Amcorp's interest in AMMB was reduced from 32.9% to 18.8% after the Tan Sri Azman sold 300 million shares to ANZ Group. AmBank Group currently the fifth largest banking group in Malaysia.