MBSB to focus on asset quality

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) will train its attention this year on managing asset quality and delinquent loans, which are higher than in traditional banks, according to president and chief executive officer Datuk Ahmad Zaini Othman.

While he did not reveal the non-bank lender’s target for reducing non-performing loans (NPL), Zaini said MBSB would focus on booking quality receivables, and not just on enlarging its loan base.