AMMB Holdings (which trades as AmBank Group) specializes in Islamic financial service products. AmBank Group controls dozens of subsidiaries and affiliates, providing individuals and businesses with a range of financial services and products through some 200 offices. Tan Sri Azman Hashim, the chairman, controls about one-third of AMMB Holdings. In 2006, Amcorp's interest in AMMB was reduced from 32.9% to 18.8% after the Tan Sri Azman sold 300 million shares to ANZ Group. AmBank Group is currently the fifth largest banking group in Malaysia. AmBank Group was founded back in 1975 as Arab-Malaysian Development Bank, by Merchant Banking pioneer, Hussain Najadi via his Holding company AIAK (Arab Investments for Asia Kuwait). He brought the bank public via the Kuala Lumpur Stock Exchange (KLSE) in 1981.
 | |
| Type | Public |
|---|---|
| Founded | 1975 |
| Founder(s) | Hussain Najadi |
| Headquarters | Kuala Lumpur, Malaysia |
| Area served | Personal banking services in Malaysia |
| Key people | Tan Sri Azman Hashim, Executive Chairman |
| Industry | Banking and Finance |
| Products | Banking and Finance Services |
| Website | http://www.ambg.com.my/ |
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