SME Bank pre-tax profit rises to RM67mil


SME Bank group MD Datuk Mohd Radzif Mohd Yunus

PETALING JAYA: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) recorded a 39.5% increase in pre-tax profit to RM67mil for the financial year ended Dec 31, 2016 compared with the same period in 2015.

The bank said in a statement that the increase was due to higher contribution from banking operations and better investment results.

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