KUALA LUMPUR: Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2021 surged to RM133.20mil from RM48.71mil in the same period last year.
Revenue, however, eased to RM552.49mil from RM556.84mil previously, the bank said in a filing with Bursa Malaysia. For the nine months ended Sept 30, 2021, the bank recorded a profit before tax (PBT) after zakat of RM469.0 mil, a 29% increase, compared with RM363.2mil recorded in the same period last year.The improvement in PBT was mainly derived from higher net interest income of 24.3%, higher net fee and commission income of 30.2%, and higher income from the Islamic banking business of 11.3%.