KUALA LUMPUR: – BIMB Holdings Bhd posted a higher profit before tithe and taxation (PBZT) of RM220.3 million in the first quarter ended March 31, 2015, a 13.3 per cent increase compared with the same period last year.
The bank’s revenue rose to RM809.1 million from RM726.9 million previously.
In a filing to Bursa Malaysia today, BIMB said its net financing grew 20.8 per cent year-on-year to RM30.1 billion as at March 31, 2015.
For Bank Islam Group, its PBZT increased four per cent to RM173.7 million during the reviewed quarter compared with the previous corresponding period, mainly attributed by growth in business activities.
Takaful Malaysia Group recorded a PBZT of RM62.2 million, up 39.1 per cent compared with RM44.7 million in the corresponding period last year due to higher wakalah fee income and lower expense reserves. -- BERNAMA