, Malaysia

Bank Islam confident of maintaining growth momentum this year

Bank Islam expects to exceed the RM503 million profit growth recorded during the 18-month period ended Dec 31, 2010.

 

According to Managing Director Datuk Seri Zukri Samat, this prognosis is based on latest developments and the bank's first quarter results, pre-tax profit.

The retail and financing sectors would contribute about 70 per cent to the bank's profit.

The financing sector which includes personal loan and house and vehicle financing had increased by 20 per cent in the first six months of 2011, he added.

 

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!