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How Malaysia's Biggest Public Companies Give Back To Society?

AMMB Holdings Berhad

AMMB Holdings Berhad is Malaysia’s foremost financial services conglomerate, offering more than four decades of expertise in fostering the economic advancement of the nation. The Group specializes in a diverse range of financial services encompassing wholesale banking, business banking, retail banking, investment banking and related financial solutions. With a clientele exceeding 3 million individuals and a workforce exceeding 9,000 employees, AMMB is deeply ingrained in the financial landscape. The Ambank Group integrates environmental, social and governance (ESG) considerations, including climate-related risks and efforts against bribery and crorruption, into their strategies, operations and business endeavours. This integration is aimed at benefiting stakeholders while ensuring the Group’s relevance and profitatbility endure over time. AMMB’s primary sustainability themes encompass Responsible Banking, Ethical Conduct and Favourate Societal Influence.

Fiscal Year-End: 31 December 2022

The net profit of AMMB Holdings Berhad for FY2022 is RM1.5 billion.

AMMB suffered a profit loss in FY2021 thus the year on year net profit growth is at 180.68%.

The Group’s dividend payout ratio is at 11%.

AMMB contributed a total Corporate Zakat of RM991,087 in FY2022.

Total cash contributions made by AMMB during FY2022, was RM1,359,650. This contribution was made through community investment.

Total in-kind contributions are accounted for under the RM1.35 million contribution made through community investment.

The total employee volunteer hours was not detailed by AMMB Holdings Berhad in their sustainability report.

AMMB Holdings Berhad:
Cash, In-Kind and Employee Volunteer Hours

No.ContributionCash GivingIn-kind GivingEmployee Volunteer HoursBeneficiaries
1Community InvestmentRM1.35MN/AN/A550,286 beneficiariesThe total community investment by AMMB Holdings Berhad in FY2022 is RM1,359,650 which impacted 550,286 people.
2Entrepreneurial StewardshipRM0.28MN/AN/A71 small tradersRM283,000 was distributed to 71 small traders who fall under asnaf category to upgrade and grow their business. They received assistance in the form of cash grants of up to RM5,000 to purchase items/equipment for their business.
3Food AidN/AFood hampers worth RM75.0kN/A500 familiesContributed food hampers worth RM75,000 in collaboration with Amanah Ikhtiar Malaysia (AIM) to 500 Asnaf families with a monthly income of less than RM600.
4AmBank AmKasih Flood Relief ProgrammeN/ABack to school kitsN/A600 studentsProvided 600 students with back-to-school kits to students from SK Taman Sri Muda, Shah Alam, a school which was badly affected by the floods in December last year. SK Taman Sri Muda is part of our school adoption programme under Bank Negara Malaysia.
5Sponsorship to Universiti Teknologi Malaysia (UTM)N/A4,000-meter polymer pipeN/A500 villagersSupported University Social Responsibility (USR) organised by UTM in assisting flood victims in Yan, Kedah. The programme aimed to install a 4,000-meter polymer pipe in Kampung Pauh, Yan, Kedah so that 500 villagers can receive clean water supply
6Healthcare Assistance to Public HospitalsN/AMedical Equipment worth RM0.55MN/ACommunityAssisted Hospital Tuanku Ja’afar Seremban with about RM550,000 worth of medical equipment as part of the Group’s initiatives to assist medical front liners in coping with the surge in COVID-19 cases in Negeri Sembilan.
7Remote LearningN/AOnline learning devices worth RM50.0kN/A55 students, 12 schoolsSupported Yayasan Raja Zarith Sofiah Negeri Johor COVID-19 disaster relief initiative by contributing RM50,000 for purchase of online learning devices to students in need. Tablets with one-year internet data subscriptions were also distributed to 55 needy students from 12 primary schools in Johor
8FINCO Good SENS 2021N/AFinancial literacy initiative and 20 computersN/A3 schoolsParticipated in FINCO’s new pilot programme, FINCO Good SENS (Social Enterprise Network for Schools), in which we acted as a financial mentor to three schools – SK Taman Cendana, Pasir Gudang Johor, SK Parit Haji Adnan, Pekan Nanas, Pontian, Johor and SK Palong 9, Gemas, Negeri Sembilan. We also contributed 20 decommissioned computers to FINCO to be used by the participating schools under this programme
9FINCO COVID-19 Relief Initiative & Financial Literacy TalkN/AFinancial literacy sessionsN/A2 schoolsConducted financial literacy session in SMK Sg Ara, Bayan Lepas and SMK Tun Syed Sheh Barakbah, Seberang Prai to provide awareness and an overview on various financial skills, including personal financial management, budgeting, and investing
10FINCO CEO Volunteering Month 2021N/AFinancial literacy initiativeSenior Management volunteerCommunitySenior Management volunteered as a speaker in FINCO Volunteering Month and shared insights on how to earn more, manage finances, and avoid bankruptcy
11Greening the EarthN/APlanted 780 treesN/AEnvironmentCollaborated with Yayasan Hijau Malaysia (YHM) in tree planting programme, in which we have committed to planting 780 trees. Through this programme, we aim to increase awareness on the importance of forest conservation.
12SMK Tun Syed Sheh BarakbahN/AFinancial literacy sessionsN/A145 teachersAmBank Islamic staff conducted a talk on “Prudent Financial Management/Pengurusan Kewangan Berhemat” to provide awareness on the basics of financial managements, tips and planning, with 130 – 145 teachers involved.
13Legacy Planning Forum (IIUM)N/AEducational sessionN/A100 studentsCo-organised a virtual Legacy Planning Forum for IIUM Ahmad Ibrahim Kulliyyah of Laws (AIKOL) students. Around 100 AIKOL students participated in the forum, with speakers and a moderator from AmBank Islamic Shariah Committee members, and a representative from Amanah Raya Berhad.

⬆️– shows an increase monetarily or the number of beneficiaries from 2021 report 

⬇️ – shows a decrease monetarily or the number of beneficiaries from 2021 report 

1. The numerical value for total cash and in-kind giving was calculated based on individual monetary mentions in the Annual and Sustainability report.

2. The information above is derived from AMMB Holdings Berhad’s 2022 Annual and Sustainability Report. Email correspondence was made between between 20 April – 3 July 2023 to seek further clarification, however, no reply was received. 

Focus Areas of AMMB Holdings Berhad

Beneficiaries of AMMB Holdings Berhad

AMMB Holdings Berhad contributed RM1.35 million in community investment during FY2022. The top focus areas from the group’s giving are in Education and Welfare at 25% of total community invesment each. AMMB’s giving initiatives contributed towards education included multiple financial literacy programmes. The main beneficiaries that were positively impacted by the Group’s giving initiatives were the Community and Youth. A large portion of givings benefited the Community as it was catered for a specific group that shared the same characteristics to improve their well-being such as food aid given to underprivileged families.

See How AMMB Holdings Berhad Ranks Against The Other Top 19 Public-Listed Companies

Why Is This Report Necessary?



Generous and meaningful corporate philanthropy


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Encourage transparency and accountability for social and environmental matters


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