Malaysia's Bank Rakyat expects 2012 profit, zakat of RM2-B

Bank Rakyat is on track to achieve its 2012 pre-tax profit and zakat target of RM2 billion.

Chairman Tan Sri Sabbaruddin Chik said the optimism was based on an increase of 8.1 percent as of September over the same period in 2011 where it posted RM1.5 billion.

He said the bank had assets now totalling RM77 billion up to September last year.

Meanwhile, he said Bank Rakyat would launch its mobile bank programme in Sabah and Sarawak, within this year.

He said the first mobile bank was launched in Felda Bukit Mendi, Bera in Pahang, in early January this year.

“We have now three such facilities in Peninsula Malaysia and these will be increased to seven,” he added.

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