MBSB 4Q net profit jumps 50% to RM301mil

TheStar Tue, Feb 27, 2024 06:43pm - 2 months View Original


Rafe Haneef

KUALA LUMPUR: Malaysia Building Society Bhd’s (MBSB) key strategy for 2024 is to continue raising the current accounts and savings accounts (CASA) level and improve its funding costs.

“We have established a set of transformative programmes that will run for three years that is designed towards achieving these missions and ultimately improve our return on equity (ROE),” group chief executive officer Rafe Haneef said in a statement.

MBSB will also aim to realise synergies between MBSB and MIDF to provide customers with better service, innovative products, and personalised solutions, especially for SMEs and retail customers in the mass affluent segment.

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