|Description||Headline Key Performance Indicators for 3rd Quarter 2013|
Malaysia Building Society Berhad (“MBSB” or “the Company”) would like to announce its achievement for the 3rd quarter 2013 as compared to the 2013 Headline Key Performance Indicators (“KPIs”).
The Company would like to announce the target Headline KPIs for 2013 as set out in Table 1. These KPIs have been set and agreed by the Board of Directors and Management of the Company as part of the broader KPI framework that the Company has in place, as prescribed under the Government Linked Company (“GLC”) Transformation program and is disclosed on a voluntary basis.
It should be noted that these headline KPIs are targets or aspirations set by the Company for the respective years as a transparent performance practice. The KPIs should not be construed as estimates, forecasts or projections of the Company or representations of any future performance, occurrence or matter as the headlines are merely a set of targets or aspirations of future performance aligned to the Company’s strategy.
HEADLINE KPIs FOR THE 3RD QUARTER 2013
The Group’s net return on equity and revenue growth have exceeded their respective Headline KPIs. This was mainly due to higher income from Islamic banking operations via personal financing and higher net interest income from conventional business.
This announcement is dated 22 October 2013.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||22 Oct 2013|