Work says that the bank’s debt hike defeated the average of the industry.
Qualampur: Alliance Bank Malaysia BHD has posted a record net profit of RM751 million for the financial year ending 31 March 2025 (FY25), supported by a double -digit double -digit debt hike and its ongoing execution of its ACCELER8 change scheme.
Yesterday in its 43rd annual general meeting and later extraordinary general meeting, shareholders approved all proposals, including a long -term incentive scheme (LTIP), including a plan to issue a share and shared a grant plan to maintain and motivate major employees.
CEO Kelly Kama Che Khionag said that the bank’s debt growth dropped out of the average of the industry, increasing by more than 12% in FY 25.
He told reporters at a press conference, “We have eradicated the loss of five -year market share and now our Accelers are in the middle through 8 travel, the major indicators have progressed positively.”
Acceler8 2027 strategy is made on eight columns, focusing on areas including digital innovation and stability.
Alliance Bank recently won awards for its virtual credit card and SME Digital Prasad and confirmed its commitment to environment, social and governance principles.
Commenting on the cuts cut overnight, the work stated that the net interest margin can be narrowed by the current of 2.45%to about three basis points, although the guidance remains between 2.4%and 2.45%.
For FY26, the bank increases a debt growth of 8% to 10%, slightly below the 12% -14% received in the previous years, reflects increasing commercial costs and global uncertainties.
Credit cost guidance is vs. 31.9 Aadhaar points vs. 31.9 Aadhaar points last year.
Alliance Bank is expected to complete its transfer to the Menara Alliance by August, which will eliminate the annual fare expenses of about RM13 million and will help offset high cost from 8% service tax hike.
Officials said that while GDP growth has been revised up to 4-4.5%, domestic demand remains flexible and unemployment is on multi-year climb, supports property quality and development prospects.
The bank also expects the 13th Malaysia plan to promote high-value areas such as energy infection and technology, potentially promoted credit demand.
