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MBSB Q2 net profit slips to RM85.6m


Datuk Seri Ahmad Zaini Othman said MBSB Bank would continue to expand its new banking products which included trade finance and wealth management.

Datuk Seri Ahmad Zaini Othman said MBSB Bank would continue to expand its new banking products which included trade finance and wealth management.

KUALA LUMPUR: Malaysia Building Society Bhd 's (MBSB) net profit for the second quarter ended June 30, 2018, slid to RM85.68 million from RM91.08 million recorded in the same period last year.

Revenue fell to RM794.14 million from RM813.41 million previously, contributed by lower income from financing activities due to cessation of conventional businesses since the first quarter of this year, it said in a filing to Bursa Malaysia on Monday.

Corporate News , Banking

   

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