Business Banking in Ambank

Document Sample
Business Banking in Ambank Powered By Docstoc
					                                                                        MEDIA RELEASE

8 August 2008

   AmBank NexG™ PrePaid MasterCard® now available at Pos Malaysia Berhad outlets

Kuala Lumpur – In a strategic tie-up to enable easy purchase of AmBank’s popular NexG™ PrePaid
MasterCard®, AmBank (M) Berhad and Pos Malaysia Berhad (PMB) announced their partnership
where the NexG™ PrePaid MasterCard® cards will retail at 404 PMB outlets.

The AmBank NexG™ PrePaid MasterCard® is accepted worldwide at more than 22 million
MasterCard® locations and functions exactly like a normal MasterCard® credit card. Customers
can purchase goods up to the limit of funds reloaded onto Card and can top-up any amount to
their NexG™ card up to the limit of RM10,000 at any one time.

The Starter Pack currently retails at RM25 each. Each Starter Pack carries discount and cash
vouchers worth RM300 and NexG™ cardholders will also enjoy RM10,000 free PA upon
registration. Customers of AmBank NexG™ PrePaid MasterCard® can also withdraw cash from 376
AmBank ATMs at 180 bank branches and at 29 7-Eleven stores nationwide.

Customers can also reload the value of the PrePaid card at AmBank branches, any location that
bears the NexG™ Recharge logo (at AmAssurance, E-Pay outlets), or through fund transfer via
ATM or online at The reloads are free.

For the initial phase, the NexG™ starter pack will be sold at 404 post offices. Customers can visit
PMB’s website, to select the nearest participating Post Office to purchase the
NexG™ card.

“PMB has the largest and most extensive retail network in the country and this strategic
partnership gives AmBank the opportunity to leverage on PMB’s reach and accessibility to offer
its products in the most convenient way,” said Datuk Abu Huraira Abu Yazid, Executive Director /
Group Chief Operating Officer of Pos Malaysia Berhad.

“We have seen great success in our NexG™ PrePaid card initiatives over the last two years and we
are indeed proud to be associated with PMB to extend our reach and ensure AmBank maintains
its leading position in PrePaid card issuance,” said Encik Mohamed Azmi Mahmood, Managing
Director, Retail Banking, AmBank (M) Berhad.

Both AmBank and PMB are confident that their strategic partnership brings with it greater
convenience and security for both their valued customers and in line with the Government
efforts to promote cashless payment society in Malaysia.

About AmBank Credit Cards

AmBank Credit Cards has in its stable a complete range of credit cards from Classic, Gold, to Platinum for both
conventional and Islamic cards. The latest introduction is the AmBank NexG PrePaid MasterCard, which caters to the
young untapped segments. AmBank plans to work closely with its partners, Visa International and MasterCard
International, in providing programmes that will benefit cardholders from every segment. For more information, visit
AmBank Group's website at

About Pos Malaysia Berhad

Pos Malaysia Berhad (PMB) is Malaysia’s premier physical communications provider. With its vision to be “Your Trusted
Partner”, PMB’s vast experience as well as its vast network spanning across the country forms a solid backbone to
support PMB’s expansion and development strategy.

PMB has a widespread network of 686 post offices countrywide in addition to our network of mini post offices, mobile
post offices, postal agents and stamp agents, making it one of the most extensive retail networks in Malaysia.

PMB’s Strategic Business Units, aimed to provide quality, reliable, timely and innovative solutions to our customers,
and encompasses the following:

   PosMail                 : Mail and postal services
   PosLaju                 : Courier and express mail services
   PosNiaga                : Retail business services
   PosLogistik             : Logistics services

Throughout the years, PMB has grown from strength to strength and is progressing from being a mail and postal
services provider towards becoming a dynamic physical communications provider. Moving forward, PMB will continue
to transform and innovate itself in order to maintain its relevance and competitive edge as well as continue to connect
Malaysians with the rest of the world.

For further information about PMB, please visit our website at, visit your nearest post office or
contact our Customer Service Centre, PosLine, at 1-300-300-300.
For media enquiries, kindly contact :
 Mr Perry Ong, AmBank Credit Card and Loc Division at tel: 03-2167 9545 or email at perry- for AmBank (M) Berhad

   Datin Rohaiza Hashim, Group Head of Corporate Communications at 03-2267 2000 or email at for Pos Malaysia Berhad


Description: Business Banking in Ambank document sample