Alliance Bank likely to see cut in earnings estimates


In a note, CGS-CIMB said during a recent conference call, Alliance guided for a modification loss from hire purchase loans that would amount to about RM60mil.

PETALING JAYA: Alliance Bank (M) Bhd has had its earnings and dividends per share cut by analysts following fresh concerns of asset deterioration and high loan loss provisioning.

In a note, CGS-CIMB said during a recent conference call, Alliance guided for a modification loss from hire purchase loans that would amount to about RM60mil.

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Alliance Bank , earnings cut , loans ,

   

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