Business

Affin Bank 3Q earnings jump 45%

Affin Bank Bhd expects the overall outlook for the domestic banking sector to remain favourable for the remainder of 2024 supported by steady loan and financial growth as well as stable asset quality Read full story

PETALING JAYA: Affin Bank Bhd expects the overall outlook for the domestic banking sector to remain favourable for the remainder of 2024 supported by steady loan and financial growth as well as stable asset quality. In a filing with Bursa Malaysia, the banking group warned competition for deposits is expected to persist and intensify towards the end of the year, which may have implications on the overall industry’s cost of deposits..