KUALA LUMPUR: Middle Eastern bank Asian Finance Bank ( AFB) will continue to focus on providing funding to government-linked companies (GLC), a business model that has proven successful as it doubled its net profit to RM14.98mil for financial year ended Dec 31, 2014.
The profitability is the highest since it set up shop in Malaysia in 2007, where it came on the back of an increase in both financing assets and securities as well as improvement in asset quality.
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