KUALA LUMPUR, May 14 (Bernama) -- AMMB Holdings Berhad has won the Sustainability Award 2019 at the 16^th Annual RAM League Awards held on Thursday, 25 April 2019, at Mandarin Oriental Hotel, Kuala Lumpur.  AmBank Group is the first banking group in Malaysia to be accorded this award based on Sustainability Rating, a holistic method developed by RAM Ratings to measure sustainability performance.
 
AmInvestment Bank Berhad (“AmInvestment Bank”)’s Capital Markets Group also received two awards, being joint second placing in Lead Manager Award 2018 by Number of Issues and joint second placing for Lead Manager Award (Sukuk) 2018 by Number of Issues.
 
Commenting on the Sustainability Award win, Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group said, “We are pleased to be recognised as the first banking group to receive this award from RAM, and to see all of the hard work which everyone in the Group has put into this achievement pay off. As a responsible banking institute that subscribes to the principles of good governance, we are committed to creating a positive social impact for the nation.”
 
Seohan Soo, Chief Executive Officer, AmInvestment Bank, added, “AmInvestment Bank is honoured to be recognised by an esteemed agency such as RAM. We will continue to provide investment banking solutions for our sovereign, corporate and institutional clients and leverage on our strong presence to maintain and strengthen our investment banking franchise.”

About AmBank Group

AMMB Holdings Berhad is the holding company of AmBank Group and has been listed on the Main Market of Bursa Malaysia since 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of around RM11.6 billion and assets of RM137.9 billion at 31 March 2018.
 
AmBank Group is one of Malaysia’s premier financial solutions groups with over 43 years of experience in supporting Malaysians in their economic development. AmBank Group offers a wide range of both conventional and Islamic financial solutions and services, including wholesale banking, retail banking, investment banking, underwriting of general insurance, life assurance and takaful, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.
 
The Australia and New Zealand Banking Group (ANZ) is the biggest shareholder in the AmBank Group with a 23.8% holding and provides support with Board representation, risk and financial governance, product offerings and new business developments. In the general insurance business, the Group has partnered with Insurance Australia Group Ltd (IAG). In the life assurance and family takaful businesses, the Group has a partnership with MetLife International Holdings Inc (MetLife). The Group benefits in terms of expertise transfer from IAG and MetLife.
 
For more information, please visit www.ambankgroup.com 

Source: AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Syed Anuar Syed Ali
Executive Vice President
Group Corporate Communications and Marketing
AmBank Group
Tel: 03-2036 1703
Email: sasa@ambankgroup.com