Affin banks on consumer loans


Affin AGM: (from left) Affin Holdings Bhd chairman Tan Sri Mohd Zahidi Zainuddin, deputy chairman Tan Sri Lodin Wok Kamaruddin, group CEO Kamarul Ariffin Mohd Jamil and Axa-Affin General Insurance Bhd CEO Emmanuel Nivet at the AGM in Kuala Lumpur.

It plans to derive most growth from this segment

KUALA LUMPUR: Affin Holdings Bhd plans to optimise the loan mix of its retail banking division by shifting away from corporate to consumer loans within three years as part of its strategy to achieve growth.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Affin , NIM , Banks

   

Next In Business News

Industrial projects look increasingly attractive
Protecting trade is protecting yourself
Dutch Lady’s balancing act amid escalating costs
Fed dampens hopes for rate cut
F&N to use cost management measures
Yew Lee expects to return to profitability on wider customer base
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
Changing office space requirements
New initiative for infrastructure needs in Perak

Others Also Read