News about Ambank

KUALA LUMPUR (March 26): The prosecution, who is seeking to forfeit over RM10 million worth of assets from Datuk Seri Najib Razak (pictured) and his family, told the court today that these — together with some RM21 million they are seeking to seize from 13 other individuals — are from 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (March 2): AMMB Holdings Bhd (AmBank) was only given "a few days" to negotiate the recently announced RM2.

KUALA LUMPUR (March 1): DAP’s Tony Pua has lauded the Ministry of Finance (MoF) for completing the RM2.

PUTRAJAYA (Feb 19) : Datuk Seri Najib Razak's appeal over the dismissal of his suit against against AMMB Holdings Bhd, AmBank Islamic Bank Bhd and the bank's former customer relationship manager Joanna Yu Ging Ping has been fixed for hearing at the Court of Appeal on June 25.

KUALA LUMPUR (Aug 10): AmInvestment Bank Research (AmBank) has maintained “Underweight” on Sunway Construction Group Bhd at RM1.

KUALA LUMPUR (June 3): Datuk Seri Najib Razak (pictured) was aware of the state of his accounts when he issued cheques, the prosecution submitted in the ex-premier’s trial today, pointing to the timing of the funding of his accounts by fugitive businessman Jho Low and the subsequent spending of the money by Najib.

KUALA LUMPUR (April 6): AmBank Group Research said even if the movement control order (MCO) is lifted by mid-April or end April, demand is expected to be weak for some time due to travel aversion and social distancing.

KUALA LUMPUR (March 26): AmBank Group Research said the coronavirus-induced recession is expected to place both the global economy as well as the Malaysian economy into technical recession.

KUALA LUMPUR (Feb 11): Ambank Group announced yesterday that it will offer a temporary deferment or restructuring of instalment repayments for individuals and SME customers who are affected by the novel coronavirus (2019-nCOV) outbreak.

KUALA LUMPUR (Feb 4): Former AmBank relationship manager Joanna Yu Ging Ping has today been allowed by the High Court here to defer submitting her defence in the suit filed by former prime minister Datuk Seri Najib Abdul Razak until her bid to strike out the suit is heard first.