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MBSB has no toxic loans: CEO

PETALING JAYA: Non-bank lender Malaysia Building Society Bhd (MBSB) has no toxic assets and will have registered a pre-tax profit of more than RM200mil for its first quarter ended March 31, had no provisions been set aside, according to its head honcho.

MBSB eyeing KFH Malaysia in bid to become full-fledged Islamic bank

PETALING JAYA: Malaysia Building Society Bhd (MBSB), which aims to become a full-fledged Islamic bank, is said to be looking at Kuwait Finance House (M) Bhd (KFH Malaysia) as an option for a merger exercise, sources say.

MBSB priority to become full-fledged Islamic bank in 5 years

KUALA LUMPUR: The priority for Malaysia Building Society Bhd (MBSB) in the near term is to continue to close its gap in becoming a full-fledged Islamic bank – something it aspires to achieve in the next five years. The move from being a non-conventional bank to an Islamic bank is to prepare itself for any potential corporate exercise.

MBSB says no merger talks on the card

KUALA LUMPUR: Non-bank lender Malaysia Building Society Bhd (MBSB) has not initiated any new merger discussions with any organisation after the deal with CIMB Group Holdings Bhd and RHB Capital Bhd fell through.

No merger talks in the cards, says MBSB

KUALA LUMPUR: Non-bank lender Malaysia Building Society Bhd (MBSB) has not initiated any new merger discussions with any organisation after the deal with CIMB Group Holdings Bhd and RHB Capital Bhd fell through. - Bernama

Bank Islam-MBSB merger in the air

AS the dust settles on the aborted three-way banking merger of last month, a plan is being floated on a “marriage” between Malaysia Building Society Bhd (MBSB) and Bank Islam Malaysia Bhd.

MBSB’s future path

PETALING JAYA: A corporate exercise is inevitable for non-bank lender Malaysia Building Society Bhd (MBSB) as it maps out its next five-year growth phase on the back of an increasing competitive landscape.

MBSB sets in motion 5-year plan spurred by record profit

PETALING JAYA: Non-bank lender Malaysia Building Society Bhd (MBSB), fresh from posting profits crossing the RM1bil mark, will set in motion a five-year business plan to reduce its dependence on the retail sector.

MBSB earnings cross RM1b in FY14, boost from deferred tax assets

UALA LUMPUR: Malaysia Building Society Bhd (MBSB) recorded an exceptional profit after tax of RM1.01bil in FY ended Dec 31, 2014 due to deferred tax assets recognition of RM366mil.