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.
President and chief executive officer Datuk Ahmad Zaini Othman (pic) said the new plan, which is to run from 2015 to 2020, targets to shift its loan portfolio to a 70:30 exposure ratio between the retail and corporate sectors, from the 85:15 it has currently.
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