ambanks-lee-targets-malaysias-smes

AmBank's Lee targets Malaysia's SMEs

AmBank's cash management head discusses how he plans to take on the major cash management banks in Malaysia, and unveils the bank's new cash management solution, AmBiz-CashPro.

By Andrew Peck

August 23, 2006

MalaysiaÆs AmBank has launched a full suite of cash management products to customers. MalaysiaÆs sixth largest bank by assets will now compete directly with foreign banks in the country with its new suite of solutions, following its official launch in Kuala Lumpur this week. It will also launch a suite of Islamic cash management products by the yearÆs end.

The new services suite will be known as AmBiz-CashPro and is marketed by AmBank as a tool to increase efficiency and reduce costs for businesses. Like service offerings marketed by foreign cash management banks in Malaysia, AmBiz-CashPro will cover a full spectrum of activities such as receivables management, payables management, liquidity management...

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Southeast Asia