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.

For more.

Also Read

OCBC Ignite aims to double poly graduate intake

Singapore’s big banks aim for 96% emissions cut by 2050

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia