KUALA LUMPUR: Bank Rakyat Bhd posted a record net profit for its financial year ended Dec 31, 2011, jumping 49.5% to RM2bil versus 2010.
Domestic Trade, Co-operatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob attributed the strong showing to the bank's focus on growing on its financing activities as well as improving its asset quality.
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