AmBank awarded Best SME Bank of the year


AMBANK Group has been named Malaysia’s Best SME Bank in four separate award events this year.

They were given by the Asian Banking and Finance (ABF) Awards 2019, the Alpha South-East Asia’s Best Financial Institution Awards 2019 and the Global Banking and Finance Awards (for the second consecutive year), while the Alpha South-East Asia’s Best Islamic Finance Awards 2019 conferred it the Best Islamic Finance SME Bank.

CEO Datuk Sulaiman Mohd Tahir said: “We are honoured to receive the awards as these achievements are a testament to our commitment in supporting the growth and development of the small and medium enterprises (SMEs) in the country.

“We would like to thank our SME clients for their continued support and we will continue to deliver innovative banking solutions to serve them better.”

AmBank business banking MD Christopher Yap added: “We believe that the ‘best SME bank’ must have the ability to create holistic relationships that go beyond financing.

“These awards recognise our efforts to support SMEs in growing and scaling their businesses, through financing, as well as knowledge sharing programmes via our AmBank BizCLUB platform.”

The AmBank BizCLUB, a business community and development platform, was introduced as part of AmBank’s continued mission to further support and nurture Malaysian SMEs scale their businesses, go international and reduce failure rates.

The platform offers participating SMEs, who are looking to scale to the next level, with learning and networking opportunities, as well as media exposure. The initiatives under the AmBank BizCLUB are the AmBank BizRACE competition, AmBank BizCONFERENCES and AmBank CEO Chat sessions.

ABF has been recognising the most outstanding practices and innovative strategies in Asia’s wholesale banking sector since 2012.

Meanwhile, Alpha South-East Asia was established in 2007 and is the first and only institutional investment magazine focusing on South-East Asia (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam).

Across six issues published every year, Alpha South-East Asia produces articles on South-East Asia for Europe and US-based investors, as well as investors based across Asia Pacific and South-East Asia.

The Global Banking and Finance Awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the global financial community since its inception in 2011.

The awards were created to recognise companies of all size which are prominent in particular areas of expertise and excellence within the financial world.