BANK Negara has posted a 76% increase in net profit to RM1.466bil for 2003 from RM832mil a year earlier after its 1993 foreign exchange losses were finally amortised in full last year.
According to the central bank's annual accounts released yesterday, its remaining losses of RM570mil at Dec 31, 2002, classified as deferred expenditure, had been fully amortised during 2003.
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