Thursday 13 October 2011
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Bloomberg
Alliance Financial Group Bhd. (AFG), a Malaysian lender part-owned by Singapore’s Temasek Holdings Pte, aims to increase return on equity to 18 percent, focusing on growth in consumer and small-business banking.
Alliance, the smallest among eight banks in the Southeast Asian nation, will offer wealth management products to lure rich clients and bolster services to a segment of corporate borrowers ignored by rivals, Sng Seow Wah, chief executive officer of its banking unit, said in an interview. Full story
Temasek's Alliance Financial Targets 18% Return on Equity
BloombergAlliance Financial Group Bhd. (AFG), a Malaysian lender part-owned by Singapore’s Temasek Holdings Pte, aims to increase return on equity to 18 percent, focusing on growth in consumer and small-business banking.
Alliance, the smallest among eight banks in the Southeast Asian nation, will offer wealth management products to lure rich clients and bolster services to a segment of corporate borrowers ignored by rivals, Sng Seow Wah, chief executive officer of its banking unit, said in an interview. Full story
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