Alliance Bank sees comfortable profits in FY21 | TheStarTV.com

Alliance Bank sees comfortable profits in FY21

Published on 19 Aug 2020 6:24:44 PM

Alliance Bank Malaysia Bhd group CEO Joel Kornreich expects the bank to post “comfortable” profits for financial year ending March 31, 2021 (FY21) amid overnight policy rate (OPR) cuts and a forecast increase in credit costs as the moratorium on loan repayments ends on Sept 30, 2020.

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alliance bank, economy, fy21, joel kornreich, malaysia, moratorium, opr, overnight policy rate, repayment, starbiz

Alliance Bank Malaysia Bhd group CEO Joel Kornreich expects the bank to post “comfortable” profits for financial year ending March 31, 2021 (FY21) amid overnight policy rate (OPR) cuts and a forecast increase in credit costs as the moratorium on loan repayments ends on Sept 30, 2020.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
alliance bank, economy, fy21, joel kornreich, malaysia, moratorium, opr, overnight policy rate, repayment, starbiz

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