Alliance Bank FY19 net profit higher at RM537.59m, Div 8.2c

29 May 2019 - The Star Online
KUALA LUMPUR: Alliance Bank Malaysia Bhd's net profit rose by 9% to RM537.59mil in the financial year ended March 31, 2019 from RM493.23mil a year ago. It announced on Wednesday its revenue increased by 3.2% to RM1.62bil from RM1.57bil. “For FY2019, the board of directors has proposed a second interim ...
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PublicInvest reiterates Outperform on Alliance Bank, TP at RM4.80

23 Apr 2019 - The Star Online
KUALA LUMPUR: PublicInvest research has affirmed its outperform call on Alliance Bank Malaysia Bhd with a target price of RM4.80 following the announcement of collaborations with Zurich Malaysia. "We keep our earnings estimates unchanged at this juncture nonetheless, with this enhancement a part of our ...
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Alliance Bank, Zurich Malaysia ink bancassurance and bancatakaful agreement

22 Apr 2019 - The Star Online
KUALA LUMPUR: Alliance Bank Malaysia Bhd and its unit, Alliance Islamic Bank Bhd, have inked a 15-year bancassurance and bancatakaful agreement with Zurich General Insurance Malaysia Bhd and Zurich General Takaful Malaysia Bhd which will see a partnership value of RM200 million. The agreement will see ...
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Positive view on Alliance Bank

17 Oct 2018 - The Star Online
PETALING JAYA: RHB Research Institute remains positive on Alliance Bank Malaysia Bhd, although it expects stress on the bank’s asset quality to be prolonged if the economic slowdown continues. The research house, which has maintained a “buy” call on the stock, said that the slower economic growth may ...
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Alliance Bank posts RM136.4mil net profit

31 Aug 2018 - The Star Online
PETALING JAYA: Alliance Bank Malaysia Bhd reported its highest quarterly net profit in nearly three years at RM136.36mil in the first quarter ended June 30, 2018. The results were boosted by higher net interest margin and better risk-adjusted return (RAR) loans. Alliance Bank said this was the highest ...
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Alliance Bank posts Q1 net profit of RM136.4m, highest in 3 years

30 Aug 2018 - The Star Online
KUALA LUMPUR: Alliance Bank Malaysia Bhd reported its highest quarterly net profit in nearly three years at RM136.36mil in first quarter ended June 30, 2018, boosted by higher net interest margin and better risk adjusted return (RAR) loans. It said on Thursday this was the highest quarterly net profit ...
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Alliance Bank aims for 10% profit growth

12 Jul 2018 - The Star Online
KUALA LUMPUR: Alliance Bank Malaysia Bhd aims to achieve a 10% growth in net profit in the financial year ending March 31, 2019 (FY19) against the backdrop of improved consumer sentiment following the zero-rating of the goods and services tax in June. Group chief executive officer Joel Kornreich said ...
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Alliance Bank aims for 10% net profit growth in FY19

11 Jul 2018 - The Star Online
KUALA LUMPUR: Alliance Bank Malaysia Bhd aims to achieve a 10 per cent growth in net profit in the financial year ending March 31, 2019 (FY19) against the backdrop of improved consumer sentiment following the removal of the Goods and Services Tax (GST) in June. Group Chief Executive Officer Joel Kornreich ...
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Alliance Bank aims to grow SME loans by 20%

19 Jun 2018 - The Star Online
PETALING JAYA: Alliance Bank Malaysia Bhd is targeting to grow its small and medium enterprises (SME) loans by 20% and achieve RM300mil in loan disbursements per month by the end of its current financial year ending March 31, 2019. In its annual report released yesterday, the bank said its SME banking ...
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Alliance FY17 earnings dip on transformation costs

31 May 2018 - The Star Online
KUALA LUMPUR: Alliance Bank Malaysia Bhd posted a net profit of RM493.23mil for its financial year ended March 31, 2018, 3.6% lower than in the previous financial year due to corporate transformation initiatives. Alliance said in a filing with the stock exchange that operating expenses for the year increased ...
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