AMMB Holdings Berhad operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares AMMB Holdings Berhad with three other
companies in this sector in MALAYSIA :
Hong Leong Bank Berhad
sales of 8.18 billion Malaysian Ringgits [US$1.96 billion]
Alliance Bank Malaysia Bhd
(2.78 billion Malaysian Ringgits [US$667.47 million]
of which 14%
was Consumer Banking), and
Hong Leong Financial Group Berhad
(8.99 billion Malaysian Ringgits [US$2.15 billion]
AMMB Holdings Berhad reported sales of 8.22 billion Malaysian Ringgits (US$1.97 billion)
March of 2020.
increase of 2.9%
versus 2019, when the company's sales were 7.99 billion Malaysian Ringgits.
This was the third consecutive year of growth at AMMB Holdings Berhad.
The sales level in 2020 was fairly close to the level five years ago: in 2015, AMMB Holdings Berhad had sales
of 7.67 billion Malaysian Ringgits.
Sales of Investment Banking saw an increase
that was more than double the company's growth rate: sales were up
31.9% in 2020, from
157.67 million Malaysian Ringgits to 207.98 million Malaysian Ringgits.
AMMB Holdings Berhad also saw significant increases in sales in
Wholesale Banking (up 27.1% to 3.27 billion Malaysian Ringgits)
Business Banking (up 15.8% to 528.93 million Malaysian Ringgits)
Fund Management (up 12.1% to 113.00 million Malaysian Ringgits)
Not all segments of AMMB Holdings Berhad experienced an increase in sales in 2020:
sales of Group Funding and Others fell 39.0% to 675.38 million Malaysian Ringgits.
AMMB Holdings Berhad also experienced decreases in sales in
Retail Banking (down 7.9% to 2.92 billion Malaysian Ringgits)