皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

欧博手机版网址:AmBank in good position to weather challenges

admin2022-08-252

欧博手机版网址www.aLLbet8.vip)是欧博集团的官方网站。欧博手机版网址开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

AmBank Group chief executive officer Datuk Sulaiman Mohd Tahir said: “The potential challenges surrounding geopolitical tensions, global recession, inflation and protracted disruptions to supply chains as well as financial market volatilities remain a concern."

PETALING JAYA: AMMB Holdings Bhd (AmBank Group), which saw its net profit surge 8.4% in the first quarter ended June 30, 2022 (1Q), says it is in a strong position to weather the global challenges for its current financial year 2023 (FY23).

AmBank Group chief executive officer Datuk Sulaiman Mohd Tahir said in a statement: “The potential challenges surrounding geopolitical tensions, global recession, inflation and protracted disruptions to supply chains as well as financial market volatilities remain a concern.

“The group is in a strong position to weather these uncertain times and capitalise on the opportunities that lie ahead, particularly given our solid liquidity, credit quality and reserve levels.”

There are significant signs of recovery in the country’s economic activities across various sectors supported by firm domestic demand and the recovery charted in the job market, which is encouraging, he said, adding that consumer and investor sentiments continue to improve.

For 1Q, net profit rose 8.4% to RM419.2mil owing to a lower impairment charge.

The banking group recorded lower impairments of RM63.9mil compared with RM203.2mil in the previous year.

Annualised return on equity stood at 10% for the quarter under review.

Earnings per share was at a higher 12.66 sen against 11.86 sen in the comparative quarter.

Revenue, however, was lower at RM1.16bil from RM1.24bil.

,

皇冠体育注册平台www.hg108.vip)是一个开放皇冠体育即时比分、皇冠体育官网注册的平台。皇冠体育注册平台(www.hg108.vip)专业解决皇冠体育会员怎么申请开户、怎么申请皇冠体育信用盘代理、皇冠体育公司的代理怎么拿的问题。

,

Net interest income grew 5.5% year-on-year (y-o-y), while net interest margin was higher at 2.12% (1Q of FY22: 2.08%).

However, volatile market conditions led to lower trading and investment income from treasury and markets and the insurance business, as well as lower fee income from investment banking and wealth management.

Consequently, non-interest income reduced by 28.9% y-o-y.

Gross impaired loan (GIL) ratio was at 1.55% (FY22: 1.40%), with a loan loss coverage ratio of 123.3% (FY22: 139.2%).

The banking group said it was committed to proactive risk management and continued to monitor its asset quality vigilantly, with a heightened focus on its GIL portfolio which is expected to trend up following the tapering of loans under relief schemes.

Gross loans grew by RM132.8mil in the quarter with a visible corporate loan pipeline in 2Q, primarily contributed by growth in mortgages and business banking.

Deposits from customers stood at RM121.4bil.

The group remains highly liquid, with a liquidity coverage ratio of 153% as at June 30, 2022.

For the wholesale banking division, net profit after tax (PAT) increased substantially by 58.9% to RM226.9mil in 1Q.

网友评论