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AmBank extends financial support for affected borrowers

(AmBank) has stepped up its ongoing efforts in providing relief to customers, both individuals and SMEs who are affected by the movement control order (MCO).
In a statement, AmBank said its efforts were in line with the Government’s targeted repayment assistance initiative, which was announced under the Pemerkasa Plus financial aid package.
Group chief executive officer Datuk Sulaiman Mohd Tahir said AmBank would continue to assist customers through the repayment assistance packages and the rescheduling and restructuring plans that meet their respective needs.
“To this end, as at March 31, we have extended approximately RM15.2bil in repayment assistance for loans and financing for all customer segments and have approved close to 100% of these applications. We aim to extend this service further, up to Dec 31 and are also conscious of the need to review the potential of granting further extensions, if need be, in light of MCO 3.0,” he said. ....

Kuala Lumpur , Datuk Sulaiman Mohd Tahir , Bantuan Sara Hidup , Holdings Bhd , Pemerkasa Plus , Bantuan Prihatin Rakyat , Targeted Repayment Assistance , Sulaiman Mohd Tahir , குவாலா லம்பூர் , ஹோல்டிங்ஸ் ப்ட் , சுலைமான் மொஹட் தாஹிர் ,

Cover Story 2: How much did Malaysia's top guns take home in 2020?

THE Covid-19 pandemic has caused many companies to be in financial distress, forcing some to temporarily shut down factories and operations for at least two months from mid-March in 2020 and experiencing lower demand after that.
With numerous firms seeing a decline in earnings, and many falling into the red, one wonders how much Malaysia’s top brass were paid in 2020 versus the year before.
According to data compiled by The Edge, among the top 50 companies by market capitalisation, the heads of 15 firms took a pay cut, 13 saw a bump in their paycheques and only two those of Supermax Corp Bhd and Time dotcom Bhd had no change in pay. ....

Datuk Abdul Rahman Ahmad , Kong Khoon , Afzal Abdul Rahim , Datuk Sulaiman Mohd Tahir , Azman Mohd , Roland Bala , Tenaga Nasional Bhd , Kuan Eng , Cheah Phoy Ken , Chee Keong , Amir Hamzah Azizan , Kuan Mun Leong , Khoo Chin Leng , Abdul Rahman , Hartalega Kuan , Juan Aranols , Kelvin Loh Chi Keon , Mi Technovation Bhd , Mohamad Helmy Othman Basha , Kwee Shyan , Imri Mokhtar , Zafrul Aziz , Chu Jin , Top Glove Corp Bhd , Rubberex Corpm Bhd , Groupm Bhd ,

Banks to cut down on branches, office space

Lenders streamlining their strategies amid challenging business environment
BANKS worldwide are closing down branches and slashing their usage of office space like never before in a sure sign that the coronavirus pandemic has brought about permanent changes to the financial world.
While changes are not confined to this industry, lenders have largely been quicker than most to adapt to the changes.
This week alone, Standard Chartered said it would shut down half its branches and slash office space worldwide by a third in order to save costs as global lockdowns have greatly reduced the need for physical branches and offices. ....

Marina Bay , Singapore General , Carmelo Ferlito , Datuk Sulaiman Mohd Tahir , Kim Leng , Imran Yusof , Sunway University , Bankm Bhd , Institute For Democracy , Economic Affairs , Marina Bay Financial Centre , Standard Chartered , Marina Bay Financial , Ong Eng Bin , Sulaiman Mohd Tahir , Yeah Kim Leng , Corporate News , Office Space , மெரினா வளைகுடா , சிங்கப்பூர் ஜநரல் , கிம் லெங் , சன்வே பல்கலைக்கழகம் , நிறுவனம் க்கு ஜனநாயகம் , பொருளாதார வாழ்க்கைத்தொழில்கள் , மெரினா வளைகுடா நிதி மையம் , தரநிலை பட்டய ,

Cover Story: AMMB: What's next after RM2.8 billion settlement?

Cover Story: AMMB: What's next after RM2.8 billion settlement?
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Datuk Sulaiman Mohd Tahir , Malaysia Development Bhd , Minority Shareholders Watch Group , Foundation Internal Ratings , Bank Negara Malaysia , Holdings Bhd , Amislamic Bank , Development Bhd , Sulaiman Mohd Tahir , Jho Low , Bank Negara , Common Equity Tier , Perbadanan Insurans Deposit Malaysia , Foundation Internal Ratings Based , மலேசியா வளர்ச்சி ப்ட் , சிறுபான்மை பங்குதாரர்கள் வாட்ச் குழு , வங்கி நெகாரா மலேசியா , ஹோல்டிங்ஸ் ப்ட் , வளர்ச்சி ப்ட் , சுலைமான் மொஹட் தாஹிர் , ஜோ குறைந்த , வங்கி நெகாரா , பொதுவானது பங்கு அடுக்கு , அடித்தளம் உள் ரேடிஂக்ஸ் அடிப்படையிலானது ,

EDGE WEEKLY: What's next after RM2.8 bil settlement?

EDGE WEEKLY: What's next after RM2.8 bil settlement?
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Datuk Sulaiman Mohd Tahir , The Edge Malaysia , Sulaiman Mohd Tahir , தி விளிம்பு மலேசியா , சுலைமான் மொஹட் தாஹிர் ,