Business

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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