AMMB Holdings, ANZ's Malaysian associate, said earnings rose 14 per cent to RM393.6 million in the December 2012 quarter from RM346.2 million, boosted by contributions from its acquisition of the Kurnia insurance business and one month's earnings from MBF Cards.It said revenue increased by 17 per cent.For the nine months to December AMMB's earnings increased nine per cent to RM1.24 billion. Underlying profit grew 11 per cent to RM1.27 billion.AMMB last year set a target to grow net profit by between nine and 12 per cent each year for the next three years. ANZ owns  a 24 per cent stake in AMMB.