Affin Holdings

Affin Holdings

Postby winston » Wed May 31, 2017 10:27 am

not vested

Painting a brighter picture for coming quarters

During the 1Q17 results conference call, Affin explained that its gross impaired loan ratio was bumped up in 1Q17 by one restructured loan.

The bank foresees a drop in overheads in 2H17F and targets strong loan growth of 8-10% for 2017.

Maintain Hold due to the increase in gross impaired loan ratio and expected slowdown in FY17F net profit growth.

Source: CIMB ... OQONw2.pdf
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