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Islamic Finance Briefing - Categorized | Banking, Performance more

Bank Islam expects 10 - 15 pct growth in deposits

Posted on 25 February 2010

From Nst.com.my: Bank Islam Malaysia Bhd expects a 10 to 15 per cent growth in deposits this year, driven by the launch of new attractive products and efficient campaigns. Treasury Division General Manager Norashikin Mohd Kassim said the bank’s current total deposits stood at RM25 billion, for both retail and corporate segments.

According to Norashikin, the bank has target to achieve deposits of RM1 billion within three months of its newly launched deposit product, “Waheed-i”…………………………………..Full Article: Source

 
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