MBSB: Submits application for approvals on merger. Malaysia Building Society (MBSB) is a step closer to transforming into a full fledged Islamic banking outfit, announcing that it has submitted an application to Bank Negara for approvals for its proposed merger with Asian Finance Bank (AFB). The non-bank lender said that it “had submitted an application within the stipulated timeframe to seek Bank Negara and/or Finance Ministry’s approvals for the proposed merger. (StarBiz)
Force should go to ta pek kong temple with roasted duck for bad luck cleansing..after 2x mbsb failed merger, now merger success but Force fail to predict n miss the boat. MBSB 3rdx lucky but Force 3x bad luck.
MBSB will try to pare down its corporate/consumer loan mix from a current 20%/80% to 30%/70% which will help to pare down its NPL which stands at 8% post merger.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bulat
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Posted by Bulat > 2017-06-19 20:36 | Report Abuse
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