AmBank Islamic aims for 4-5pc growth
KUALA LUMPUR: AmBank Islamic Bhd aims to record slightly higher loan growth than the industry average of between four and five per cent in its financial year ending March 31 next year (FY18).
Chief executive officer Eqhwan Mokhzanee said the target would be mainly driven by small and medium enterprises (SME) and the mass affluent market.
“The focus is to drive AmBank Islamic’s SME business under the group’s four-year strategy.
“We hope that with the formation of business banking and a greater focus on SME, it would initiate our balance sheet to become more profitable and efficient,” he said after a signing ceremony between AmBank Islamic and Tabung Waqaf Rakyat Johor with JomPAY here yesterday.
AmBank Islamic recorded gross financing of RM27.78 million in its financial year 2016.
AmBank Group will announce its financial result this month. Bernama
AmBank Islamic CEO Eqhwan Mokhzanee