Agrobank eyes RM1.2b loan growth


President and chief executive officer Syed Alwi Mohamed Sultan(pic) said that for FY19, loan balance totalled RM10.7bil with loan growth of 12% or RM1.2bil, surpassing the earlier target of RM1bil.

KUALA LUMPUR: Agrobank, formerly Bank Pertanian Malaysia Bhd, targets loan growth of RM1.2bil for the financial year ending Dec 31, 2019 (FY19).

President and chief executive officer Syed Alwi Mohamed Sultan said that for FY19, loan balance totalled RM10.7bil with loan growth of 12% or RM1.2bil, surpassing the earlier target of RM1bil.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Agrobank , loan , growth , Syed Alwi , CEO ,

   

Next In Business News

Asian stocks gain, dollar at two-year high as US rates, Trump in focus
Fixing bankruptcy woes of listed firms to help capital markets
Investors remain in profit-taking mode
Tesla's China sales rise to record high in 2024, bucking global decline
Datuk Wan Mohd Fadzmi concludes tenure as Labuan FSA's chairman
MSPO 2.0 reinforces Malaysia's leadership in sustainable palm oil production - MPOC
China's central bank might cut interest rates from current level of 1.5% in 2025, FT reports
FBM KLCI bounces despite Wall St stumble on jobs report
Ringgit weakens versus US$, higher against major currencies
Trading ideas: Maxis, Pentamaster, Awanbiru, KNM, Sunway REIT, Peterlabs, Maybank, Ebobuilt, YXPM, MMC, Ocean Vantage, Karex, Velocity

Others Also Read