Company Overview of Affin Bank Berhad
Affin Bank Berhad provides banking and financial services. The company, through its subsidiary, Affin Islamic Bank Berhad, offers a range of Islamic banking products and services in the areas of enterprise and consumer banking. It also provides deposits, including banking services, current accounts, fixed deposits, savings accounts, and time deposits, as well as credit card programs. In addition, the company offers loan products, such as home loans, overdrafts against FDR, small and medium industry loan schemes, new entrepreneur funds, guarantee schemes, and loan schemes. Further, it provides hire purchase, stock banking, unit trust, and remittance services, as well as trade finance products...
80, Jalan Raja Chulan
Kuala Lumpur, 50200
Founded in 2001
Key Executives for Affin Bank Berhad
Chief Executive Officer and Managing Director
Senior Vice President of Corporate Strategy and Chief Executive Officer of Affin Islamic Bank Bhd
Compensation as of Fiscal Year 2013.
Affin Bank Berhad Key Developments
Affin Bank Reports Earnings Results for the Nine Months Ended September 30, 2013
Nov 29 13
Affin Bank reported earnings results for the nine months ended September 30, 2013. For the nine months, the company reported that pre-tax profit rose to MYR 564.1 million from MYR 521 million. The increase was partly due to improvements in net interest income and Islamic banking income totaling MYR 33.9 million.
Affin Bank Berhad Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
Aug 19 13
Affin Bank Berhad reported unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the group's bottom line, with an improved PBT of MYR 187.3 million compared with MYR 175.9 million in the preceding year's corresponding quarter.
For the six month, the group recorded a PBT of MYR 372.3 million compared with MYR 342.2 million for the same period previous year. These strong results were attributed to a higher net interest income and Islamic banking income in addition to lower impairment allowance during the period.
Affin Bank Berhad Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2013
May 20 13
Affin Bank Berhad announced unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company registered a pretax profit of MYR 185.1 million compared to MYR 166.3 million for the preceding years corresponding quarter. The improved performance was mainly due to increase in net interest income, Islamic banking income and other operating income totaling MYR 15.3 million, higher write back of allowance for loan impairment of MYR 6.1 million net of higher overhead expenses of MYR 2.5 million.
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