Affin Bank Posts RM144.99 Mln Net Profit For 3Q

KUALA LUMPUR, Nov 20 (Bernama) -- Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) slid to RM144.99 million from RM145.82 million a year ago.

Ringgit, Emerging Currencies Poised To Gain As Greenback Weakens Amid US Shutdown

KUALA LUMPUR, Oct 3 (Bernama) -- Emerging market currencies, including the ringgit, are expected to benefit from a possible further weakening of the greenback amid economic uncertainty stemming from the US government shutdown.

Affin Group Achieves MSCI ESG Rating Upgrade To AA

KUALA LUMPUR, July 11 (Bernama) -- Affin Bank Bhd has been upgraded from ‘A’ to ‘AA’ in the Morgan Stanley Capital International (MSCI) environmental, social and governance (ESG) ratings.

Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates

KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.

Affin Bank Can Catalyse SME Growth In Strategic Sectors - Abang Johari

KUCHING, June 23 (Bernama) -- Affin Bank Bhd is well-positioned to catalyse the growth of small and medium enterprises (SMEs) in Sarawak by offering targeted financing, digital transformation support, and non-financial capacity building aligned with the state’s strategic economic sectors.

Malaysia Well-positioned To Develop Islamic Finance Market Space - Affin Bank

By Suraidah Roslan

KUALA LUMPUR, June 19 (Bernama) -- Malaysia is well-positioned to develop the Islamic finance market space and be a hub for liquidity pooling, supported by growing demand in Islamic secure funding, said Affin Bank executive director of group treasury Hanif Ghulam.

HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Affin-AMMB Merger Will Be Dilutive Due To Significant New Shares Issuance - CIMB Securities

KUALA LUMPUR, May 21 (Bernama) -- CIMB Securities Sdn Bhd expects the potential merger between Affin Bank Bhd and AMMB Holdings Bhd to entail significant issuance of new shares, which will likely be quite dilutive.

Affin Bank 1Q Net Profit Rises To RM124.09 Mln, Revenue Jumps To RM543.93 Mln

KUALA LUMPUR, May 19 (Bernama) -- Affin Bank Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025) rose to RM124.09 million and revenue jumped to RM543.93 million compared with the same quarter last year.

Financial Institutions Must Do More Than Manage Capital As Sarawak Charts Bold Economic Direction -- Uggah

KUCHING, April 27 (Bernama) -- As Sarawak charts a bold course toward becoming a high-income and innovation-led economy by 2030, financial institutions must do more than just manage capital, said State Deputy Premier Datuk Amar Douglas Uggah Embas.

Malaysian Banks To Stay Appealing Amid Trade Tensions - HLIB

KUALA LUMPUR, April 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) said Malaysian banks are expected to be among the more attractive sectors for investors seeking refuge from United States President Donald Trump’s trade war.

Affin Shareholders Approve All AGM Resolutions, Proposes Bonus Issue Amid Strong FY2024 Performance

KUALA LUMPUR, April 16 (Bernama) -- Shareholders of Affin Group approved all ten resolutions tabled at the bank’s 49th Annual General Meeting (AGM) today.