KUALA LUMPUR: Bank Islam Malaysia Bhd said the group is making good progress in its turnaround plan and is focusing on increasing its fee-based income over the next few years.
The bank, which reported a profit before zakat and tax of RM165.8mil for the first half ended Dec 31, 2006, said writebacks accounted for 60% of pre-tax profit, which Bank Islam said showed the effectiveness of its strategies.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!