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KUALA LUMPUR: Bursa Malaysia pared some of its gains at close on Friday but remained up 0.36%, tracking regional markets.
KUALA LUMPUR: Alliance Bank Malaysia Bhd (Alliance Bank) has announced that it will raise its base rate (BR), base lending rate (BLR), and base financing rate (BFR) by 25 basis points effective May 20, 2022.
EXCEL Force MSC Bhd is looking to replicate its business model and products to other markets overseas, particularly in less developed countries.
KUALA LUMPUR: The FBM KLCI opened higher but drifted lower thereafter.
KUALA LUMPUR: Alliance Bank Malaysia Bhd’s net profit jumped 50.3% to RM151.02mil in the third quarter ended Dec 31, 2021 (3Q22) from RM100.45mil a year ago.
PETALING JAYA: The outlook for the Malaysian banking sector for 2022 is stable as economic activities are expected to return to pre-pandemic levels, leading to more jobs and higher wages.
PETALING JAYA: Alliance Bank Malaysia Bhd (ABMB) is expected to see a pick-up in loan growth for its third quarter (Q3) ended Dec 31, 2021, thanks to the reopening of the economy and the anticipated recovery of small and medium enterprises (SMEs).