BANK Industri group has posted a record pre-tax profit of RM80.8mil for the first half of 2003, thanks to good recovery of bad debts, Bank Industri & Teknologi Malaysia Bhd chairman Tan Sri Othman Mohd Rijal said.
This represented a pre-tax profit increase of RM10.1mil or 169% for Bank Industri & Teknologi Malaysia Bhd and RM11.4mil or 82% for Export-Import Bank of Malaysia Bhd (Exim Bank) over previously, he said after formalising a RM40mil loan agreement between Bank Industri, Exim Bank Malaysia Bhd and WRP Asia Pacific Sdn Bhd in Kuala Lumpur yesterday.
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