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MBSB net profit up 18% to RM197mil

PETALING JAYA: Malaysia Building Society Bhd’s (MBSB) net profit in its first quarter ended March 31, rose 18.4% year-on-year (y-o-y) to RM196.73mil boosted by higher profit and interest income from personal financing and corporate loans.

MBSB aims to cut NPL ratio to 2%

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) aims to reduce non-performing loan (NPL) ratio to 2% in the next two years from the current 5% to 5.5%.

MBSB aims to reduce NPL ratio to 2% in 2 years

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) aims to reduce non-performing loans (NPLs) ratio to 2% in the next two years from the current 5%-5.5%, chief executive officer Datuk Ahmad Zaini Othman said on Wednesday.

MBSB in the hunt for talent as it eyes bank status

Malaysia Building Society Bhd (MBSB) is aggressively scouting for talents to beef up its corporate business as part of its growth strategy, a move analysts views as a step closer to becoming a full fledged bank.

MBSB to beef up operational standards

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) hopes to raise its operational standards to close the gap between itself and that of a licensed financial institution in the next two years.

MBSB to close gap with licensed financial institution in 2 years (Update)

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) hopes to raise its operational standards to close the gap between itself and that of a licensed financial institution in the next two years.

MBSB remains bullish, expects strong performance this year

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB), which achieved a 42% increase in pre-tax profit to RM932.3mil last year, the highest in the company’s history, expects to maintain its bullish performance this year.

MBSB plans plantation financing scheme

KUALA LUMPUR: Financial services provider Malaysia Building Society Bhd (MBSB) is targeting to launch an oil palm plantation financing programme by April in a bid to beef up its corporate loan growth.

Malaysia Building Society ready to be a bank

PETALING JAYA: The Malaysia Building Society Bhd (MBSB) hints that it is ready to be a bank, noting that its latest rights issue to strengthen its capital base is a major step in that direction.

MBSB targets 15% rise in revenue, focus on corporate business

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) targets a 15% increase in revenue in 2014 as it focuses on expanding its corporate business segment.