AMMB Holdings Bhd 2007 AR2
The report highlights AmBank Group's strategic shift towards retail lending and its landmark partnership with ANZ Banking Group. Key developments include the launch of AmIslamic Bank as a full-fledged subsidiary and the listing of AmFIRST REIT, the first commercial property REIT in Malaysia. Financially, the Group achieved a 21.3% increase in operating profit, although it recorded a net loss following a prudent one-off provisioning for non-performing loans. Sustainability initiatives focused on community aid, including significant flood relief efforts in Johor, and environmental protection through long-standing support for Zoo Negara.
Company: AMMB Holdings Bhd
Sector: Financials
Country: Malaysia
Year: 2007
Type: AR2
Pages: 299
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AMMB Holdings Bhd
Annual Report
The report highlights AmBank Group's strategic shift towards retail lending and its landmark partnership with ANZ Banking Group. Key developments include the launch of AmIslamic Bank as a full-fledged subsidiary and the listing of AmFIRST REIT, the first commercial property REIT in Malaysia. Financially, the Group achieved a 21.3% increase in operating profit, although it recorded a net loss following a prudent one-off provisioning for non-performing loans. Sustainability initiatives focused on community aid, including significant flood relief efforts in Johor, and environmental protection through long-standing support for Zoo Negara.
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Document Details
Report Year
2007
Reporting Period
Apr 1, 2006 - Mar 31, 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees