AMMB subsidiaries lodge RM4bil and RM3bil commercial papers programmes

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KUALA LUMPUR: AMMB Holdings Bhd’s wholly-owned subsidiaries, AmBank (M) Bhd and AmBank Islamic Bhd, have completed the lodgement with the Securities Commission to establish a RM4bil commercial papers programme and a RM3bil Islamic commercial papers programme (ICP Programme), respectively.

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The programmes have been assigned short-term ratings of P1 by RAM Rating Services Bhd.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Banking /Business/Business News AMMB AmBank Securities Commission AmBank Islamic

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 17:52:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 137 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23445302

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Year Established: 1971

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