MALAYSIA: Bank Kerjasama Rakyat Malaysia has reported a 17% year-on-year increase in its net profit for the first nine months of 2011 to RM1.2 billion (US$383.4 million).
The growth in profit is attributed to an 11% growth in financing-based income to RM3.32 billion (US$1.06 billion) and a 9.7% growth in its net financing balance to RM48.15 billion (US$15.4 billion).