Alliance to beef up wealth operations


Alliance Bank Malaysia Bhd aims to grow its wealth management business to account for about 30% of its total consumer banking income for the current financial year ending March 31, 2005, from about 10% currently. 

To meet this objective, the bank would stress on wealth management products which included bancassurance, unit trusts, credit cards and home loans, said wealth management and consumer banking general manager Hellen Fong in Petaling Jaya yesterday. 

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