Strong financing growth to continue supporting BIMB’s profitability

(Left to Right) BIMB Holdings Berhad Group Chief Financial Officer Malkit Singh Maan and Bank Islam Malaysia Berhad Acting Chief Executive Officer Mohd Muazzam Mohamed at the 2018 Half - Year Financial Performance briefing yesterday. - The Star

KUALA LUMPUR: BIMB Holdings Bhd, the parent company of Bank Islam Malaysia Bhd, is expected to sustain its bottom line growth in the second half of financial year 2018 (2H18), although the Islamic banking group remains cautious on the potential impact from the new policies to be announced by the government under the upcoming Budget 2019.

According to Bank Islam acting chief executive officer Mohd Muazzam Mohamed, the group’s profitability will continue to be supported by its strong financing growth, moving forward.