AMMB Holdings Bhd posted a higher pre-tax profit of RM498.34 million for the second quarter ended Sept 30, 2011 from RM465.19 million.
In a filing to Bursa Malaysia today, it said its revenue increased to RM2.138 billion compared to RM1.773 billion previously.
The company also recorded 16 per cent growth in profit after tax and minority interest to RM811.0 million for the first half of financial year 2012, supported by higher non-interest income and lower allowances.
AMMB Group managing director Cheah Tek Kuang said the net interest margin was stable while loans growth remained targeted.
"We had good deposit growth, with current account savings account increasing 21 per cent, as a result of expanded product and service offerings, and footprints," he added. -- Bernama
In a filing to Bursa Malaysia today, it said its revenue increased to RM2.138 billion compared to RM1.773 billion previously.
The company also recorded 16 per cent growth in profit after tax and minority interest to RM811.0 million for the first half of financial year 2012, supported by higher non-interest income and lower allowances.
AMMB Group managing director Cheah Tek Kuang said the net interest margin was stable while loans growth remained targeted.
"We had good deposit growth, with current account savings account increasing 21 per cent, as a result of expanded product and service offerings, and footprints," he added. -- Bernama
