Bank Islam Malaysia Bhd expects to attract 100,000 depositors and deposits of RM50 million within the first year of the launch of Al-Awfar Junior Savings Account-i for young customers. The consumer banking business contributes 70 per cent to Bank Islam’s assets.
“With the launch of this new product, the bank expects a minimum growth of 15 per cent in its assets from RM9.2 billion last year,” said general manager for consumer banking, Khairul Kamarudin……………………………………….Full Article: Source