AmBank Group comprises AMMB Holdings Berhad (AMBANK 1015) is one of the largest banking groups 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, AmBank Islamic, AmGeneral Insurance and AmMetLife. AmBank, its key brand, covers its retail and wholesale banking businesses and is supported by a network of 175 branches and 766 ATM machines in Malaysia (as stated on its website). AmBank Group was founded in 1975 as Persian - Malaysian Development Bank by Hussain Najadi, the Founder. 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 a stake 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. Both domestically and abroad, it is known as the bank which was central to the 1MDB scandal, and its reputation has been tarnished as a result.

History

1976 1977 1980 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 2000

Recent

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 2017 2018 2019