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Article: Asian Finance Bank plans more branches
- Article from:
- New Straits Times
- Article date:
- October 4, 2007
- Author:
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Adeline Paul Raj
New Straits Times
10-04-2007
Asian Finance Bank plans more branches
Byline: Adeline Paul Raj
Edition: Main/Lifestyle
Section: Business Times
Type: Company
ASIAN Finance Bank Bhd (AFB) plans to open six branches in Malaysia in three to five years, its chief executive officer Faisal Alshowaikh says.
For a start, the bank will open one by the end of this year in Johor Baru and another two next year in "major industrial cities".
The foreign Islamic lender currently has one branch in Malaysia - Kuala Lumpur.
"We are gauging the market. Our core business is corporate investment banking ... we are targeting corporate clients," he said after signing an agreement with Amanahraya ...