Last year, AMMB pursued local acquisitions to build scale in the face of rising competition.
WSJ: Malaysia's AMMB Seeks Partner for Insurance Business
In the fiscal year ending March 2014, AMMB's net-interest margin is projected to narrow by 0.1 percentage point.
Malaysian banking group AMMB has hired Morgan Stanley to help it sell a stake in its profitable local life insurer.
WSJ: What's News
Earlier this month, AMMB bought back 30% stakes in AmLife Insurance Bhd. and AmFamily Takaful Bhd. from the U.K.'s Resolution Ltd.
Malaysian banking group AMMB Holdings Bhd.
WSJ: Thai Life Insurance Stake Sale Garners Interest
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