Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=684223
Published: July 31, 2012
KUALA LUMPUR, July 30 (Bernama) -- Bank Rakyat's profit after tax and
zakat rose to RM1.06 billion for the first half year financial period
ended June 30, 2012, up 7.7 per cent from RM0.98 billion reported in the
same period of last year.
"The better performance for the period as a whole was achieved
following the strong growth in financing income in line with the high
growth in financing balance as well as the strengthening of asset
quality," the bank said in a statement here Monday.
Its gross income for the period increased by 15.3 per cent to RM3.09
billion from RM2.68 billion in the previous period, while net income
after profit distribution to depositors grew by 10.4 per cent to RM1.73
billion compared to RM1.56 billion previously.
The bank's income from financing increased by 11.6 per cent to RM2.45
billion compared with RM2.19 billion in the previous corresponding
period of which, or 91.6 per cent came from consumer banking and RM0.21
billion or 8.4 per cent from commercial banking.
Bank Rakyat also recorded a fee based income of RM44.9 million in the first half year of 2012.
-- BERNAMA
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