AMMB Holdings

The acquisition will come with an exclusive 20-year distribution pact

KUALA LUMPUR/SINGAPORE (Aug 23): Australia and New Zealand Banking Group's (ANZ) talks to sell its 24% stake in Malaysian lender AMMB Holdings (AmBank) to retirement fund KWAP have been called off, people familiar with the matter said on Wednesday.

KUALA LUMPUR (June 1): RHB Bank and AMMB Holdings have confirmed that they are exploring a merger and that they have obtained approval from Bank Negara Malaysia (BNM) to commence discussions.   With BNM’s approval, the two lenders said they have inke

(March 20): Talk of potential merger between mid-sized lenders AMMB Holdings and RHB Bank seems to have resurfaced in the banking industry, with a source telling The Edge that an adviser — a big accounting firm — has been working on certain aspects of