Affin Bank eyes expanding its presence in Sarawak

For FY23, the group has set a pre-tax profit target of RM600mil.

PETALING JAYA: Affin Bank Bhd may face some hurdles from underlying macroeconomic concerns in the first half of the year with hopes for a recovery in the second half.

In view of a heightened interest rate environment, the group may be holding back on its mortgage growth strategies until rates are more palatable for consumers.