AMMB's NPL disposal to have positive growth effects - Business News - News Summed Up

AMMB's NPL disposal to have positive growth effects - Business News


KUALA LUMPUR: AMMB Holdings Bhd 's proposed disposal of RM553.9mil in non-performing loans (NPL) and financing will have a positive impact on the group upon completion of the transaction in March 2019.In a research note issued today, PublicInvest research said the cash infusion into the group for working capital purposes will further promote medium-to-long-term growth.


Source: The Star January 04, 2019 00:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */