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.
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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.
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.
Affin Gets A3 Rating With Stable Outlook From Moody's
KUALA LUMPUR, May 7 (Bernama) -- Affin Group has received its first international credit rating of A3 with a stable outlook from Moody’s Ratings.
Affin Launches New Privileges For Premier Cardholders
SHAH ALAM, April 30 (Bernama) -- Affin Group today unveiled exclusive new privileges for its Affin Premier cardholders, offering a first-class golfing experience in a modern and relaxed environment in collaboration with La Casa Leal restaurant.
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.
LTAT To Reduce Strategic Asset Holdings To 35 Pct Under Project Earth
KUALA LUMPUR, March 27 (Bernama) -- The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56 per cent to 35 per cent under ‘Project Earth’ over the next three years to lower exposure while retaining control.
Affin Bank, MUFG Malaysia Ink MoU For Strategic Partnership
KUALA LUMPUR, March 19 (Bernama) -- Affin Bank Bhd has signed a memorandum of understanding (MoU) with MUFG Bank (Malaysia) Bhd to foster business cooperation and drive shared growth opportunities.