AMMB Holdings Berhad

Summary

AMMB Holdings Berhad, an investment holding company, provides various financial products and services to retail, corporate, and institutional clients in Malaysia. The company offers saving, current, fixed deposit, and foreign currency accounts; auto, personal, and home loans; and working capital, project, industrial hire purchase, asset acquisition, term, contract, and invoices and receivables financing services, as well as credit guarantee schemes. It also provides wealth management; priority banking; trade finance solutions; and remittance services, as well as credit and debit cards. In addition, the company offers corporate lending, offshore banking, and cash management solutions; treasury solutions comprising foreign exchange, rates, derivative, commodities, fixed income, and structured warrant products; investment banking solutions and services, including capital market, broking, private banking, corporate advisory, and equity and debt capital fund raising services; and asset and fund management services, as well as investment solutions. Further, it provides general insurance products, such as motor, personal accident, property, and household insurance; and life insurance and takaful products consisting of wealth protection/savings, health and medical protection, and family takaful solutions. Additionally, the company offers Islamic banking services; manages unit trust funds, real estate investment trusts, and private retirement schemes; distributes Islamic wholesale funds; invests in properties; and provides securitization of mortgage loans, nominee, and internet and mobile banking services, as well as offers outsourcing services for mortgage related activities. It operates through a network of 168 branches, 622 ATM's, and 1,064 self-service terminals. The company was incorporated in 1975 and is based in Kuala Lumpur, Malaysia.