KUALA LUMPUR, Nov 27 — Affin Bank Bhd’s net profit for the third quarter ended September 30, 2020 fell to RM48.72 million from RM72.40 million posted in the same quarter last year.
For the first nine months ended September 30, 2020 , the group’s net profit stood at RM239.69 million on the back of a turnover of RM1.84 billion, compared with a net profit of RM365.66 million on a turnover of RM1.44 billion previously. President and group chief executive officer Datuk Wan Razly Abdullah Wan Ali said the bank will continue to manage its credit risk by providing appropriate temporary relief to customers who have been most affected by the Covid-19 pandemic.
In addition to its existing F.A.I.R programme, the bank also offers financial relief programmes including Penjana SME Financing Scheme and Penjana Tourism Financing to help alleviate repayment and cash flow issues.
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