Published:
Alliance Bank expects 30 % from non-interest income
Alliance Bank Malaysia Bhd expects 30 per cent of its total revenue to come from its non-interest income segment in the next three to five years.
These will comprise fees, commission and other activities coming from remittances, share trading commission and treasury activities, according to its group chief executive officer Sng Seow Wah.
The non-interest income currently accounts for just above 20 per cent of the bank's total revenue.