29.09.2011 - Bank Islam Malaysia targets young savers
Bank Islam Malaysia expects to attract 100,000 depositors and deposits of MYR 50 million ($15.8 million) in year one of its Al-Awfar Junior Savings Account-i. Khairul Kamarudin, General Manager for Consumer Banking, said, "With the launch of this new product, the bank expects a minimum growth of 15 per cent in its assets from MYR 9.2 billion last year. With the introduction of the Al-Awfar Junior Savings Account-i, Bank Islam has taken a big step towards enhancing its position as the leader in the Islamic banking industry and ensuring that Shari’ah-based financial products and services are available at every level.".............................................Full Article: Source
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