Announcements

AmBank (M) Berhad Partners with Jerry Coworking Space to Empower Malaysia’s Entrepreneurs and SMEs

11 October 2024

AmBank (M) Berhad Partners with Jerry Coworking Space to Empower Malaysia’s Entrepreneurs and SMEs, in tandem with its Community Banking concept

 

AmBank (M) Berhad, one of Malaysia's leading financial institutions, today announced a strategic partnership with Jerry Coworking Space, the pioneer in Malaysia’s affordable and flexible workspace landscape. This collaboration aims to support Malaysia’s growing community of entrepreneurs, freelancers, and SMEs by providing them with enhanced financial services and accessible, flexible, high-quality workspaces.

Through this partnership, AmBank (M) Berhad and Jerry Coworking Space seeks to offer a unique bilateral value proposition to the community. Entrepreneurs and SMEs utilizing Jerry’s coworking spaces will benefit from exclusive banking services and products provided by AmBank. This includes tailored financial solutions, advisory services, and preferential rates on business accounts, loans, and digital banking tools. Existing AmBank clients will be able to utilise Jerry’s fully automated, flexible and affordable coworking model to maximise productivity while still being cost effective.

Jerry Coworking Space is known for its minimalist, no-frills approach to coworking, practicing a private office only concept that comes with essential amenities like unlimited free wifi. With locations across major areas in the Klang Valley such as TTDI, SS15, and Damansara Heights, Jerry provides a convenient and conducive environment for businesses to thrive. Members of Jerry will now have the added advantage of seamless financial services integration through AmBank’s comprehensive offerings.

Together, Jerry Coworking and AmBank have already set the first phase of their collaboration with two brand new Jerry’s to be opened, the first being located in Setia Alam, followed by another in Permas Jaya, Johor Bahru, marking Colony Coworking’s first expansion outside the Klang Valley. Coinciding with the launch of their latest outlets, Jerry is introducing Jerry Plus, a slightly more premium concept that features a bigger private office with a colour palette that deviates from the standard minimalist vibe.

“Our partnership with Jerry Coworking Space reflects our commitment to being a true community bank. By transforming our branches into vibrant hubs, we’re fostering collaboration, interaction, and support for local residents and businesses – all under one roof. This innovative approach goes beyond banking, allowing us to make a real, positive impact on the communities we serve,” said Aaron Loo, Managing Director, Retail Banking of AmBank (M) Berhad.

"I believe this partnership with AmBank (M) Berhad will bring immense value to both parties," said Timothy Tiah, Founder of Jerry Coworking Space . "Our goal is to create an affordable workspace for everyone to be productive. Now, with AmBank’s support, we can offer even more to our members, helping them grow their businesses with greater financial confidence."

Currently, Jerry is running a special promotion for AmBank members:
●     RM450+ for a Monthly Pass (Normal Price: RM610+)
●     RM20+ for a Day Pass (Normal Price: RM30+)
This offer is unique to all AmBank Debit or Credit Card holders. 
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