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Islamic Finance Briefing - Categorized | Banking, Performance more

Another record year for AmBank group

Posted on 18 May 2012

AMMB Holdings Bhd grew its net profit by 12.5% year-on-year to RM1.51bil for the financial year ended March 31, 2012 and the banking group has attributed this to faster non-interest income growth.
Gross loans, including Islamic financing sold to Cagamas, rose 5.7% to RM77.7bil supported by business and corporate loans growth. Business loans grew 14.9% to RM15.8bil from a diversified asset base, while corporate and institutional loans expanded 13.5% to RM14.6bil………………………………………..Full Article: Source

 
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