KUALA LUMPUR: Malaysia Building Society Bhd
(MBSB) aims to reduce non-performing loans (NPLs) ratio to 2% in the next two years from the current 5%-5.5%, chief executive officer Datuk Ahmad Zaini Othman said on Wednesday.
He said the target would be made possible by putting in place a stronger risk management framework and compliance framework which would be able to reduce the overall NPLs to the industry level which currently stands about 2%.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
