Affin Bank Company Profile and Financial Analysis

Affin Bank is a Malaysian bank that was established in 2000 through the merger of two banks, AmBank Group and IMB Group. It has a strong presence in the Malaysian market with over 200 branches and a network of over 500 ATMs.

Affin Bank's parent company, Affin Holdings, is one of the largest banking groups in Malaysia. The group has a diverse range of businesses, including banking, insurance, and asset management.

Affin Bank has a significant presence in the corporate and commercial banking segment, serving over 200,000 business customers. Its corporate banking division offers a range of services, including cash management, trade finance, and investment banking.

Affin Bank is a financial institution that offers a wide range of banking and other related financial services.

The bank's main activities are divided into four key areas: corporate banking, enterprise banking, community banking, and treasury. Its services cater to a diverse customer base, including individuals, families, start-ups, enterprises, and mid-sized and large corporations from various economic sectors and industries.

Affin Bank operates primarily in Malaysia, serving both conventional and Islamic banking customers. It's headquartered in Kuala Lumpur, Malaysia.

In 2024, the bank made significant moves to improve its presence and partnerships.

The bank partnered with Auto Bavaria in December to enhance Malaysia's electric vehicle charging infrastructure.

This partnership is a crucial step in supporting the country's shift towards sustainable energy.

In November, the bank sold its 20.08% stake held by Boustead Holdings Bhd to the Sarawak state government.

This sale marked a significant change in the bank's ownership structure, allowing the state government to take a more active role in its operations.

The bank also signed an agreement in September to sell an additional stake to SG Assetfin Holdings Sdn Bhd, through its shareholders.

Affin Bank Berhad is a financial institution that offers a wide range of banking and other related financial services.

The bank's main activities are divided into four key areas: corporate banking, enterprise banking, community banking, and treasury.

Affin Bank provides products and services such as deposits, loans and financing, trade facilities, protection plans, investment banking, securities, trustee services, and cash management solutions.

The bank caters to a diverse customer base, including individuals, families, start-ups, enterprises, and mid-sized and large corporations from various economic sectors and industries.

Its services are delivered through a wide network of branches, call centers, and digital platforms.

Affin Bank operates primarily in Malaysia, serving both conventional and Islamic banking customers.

The bank is headquartered in Kuala Lumpur, Malaysia.

Affin Bank has consistently delivered strong financial performance, with a net profit of RM2.4 billion in 2020. This impressive figure is a testament to the bank's ability to navigate the challenging economic landscape.

The bank's revenue has been steadily increasing over the years, reaching RM6.4 billion in 2020. This growth can be attributed to the bank's strategic expansion into new markets and its focus on digital banking.

Affin Bank's strong financial performance has enabled it to maintain a healthy capital adequacy ratio of 15.2%, exceeding the regulatory requirement of 10%. This ensures the bank's stability and ability to withstand potential economic shocks.

Let's take a closer look at the sales performance of AFFIN Bank by activity. The bank's sales figures have seen a significant fluctuation over the years.

In 2020, AFFIN Bank's investment banking sales stood at RM765 million, which is a substantial amount. This figure took a hit in 2021, dropping to RM665 million.

Commercial banking sales, on the other hand, have been steadily increasing. In 2020, this segment generated RM1.12 billion in sales, which more than doubled to RM1.61 billion in 2021.

Here's a breakdown of AFFIN Bank's sales by activity over the years:

The bank's commercial banking sales took a significant leap in 2022, reaching RM2.66 billion. However, this figure dropped to RM1.85 billion in 2023.

Valuation is a crucial aspect of financial performance, and it's essential to understand the numbers behind a company's valuation. Here are some key takeaways from AFFIN Bank's valuation.

The capitalization of AFFIN Bank varies significantly over the years, with a high of 55.31B in one instance and a low of 1.26B in another.

The P/E ratio is a measure of a company's stock price relative to its earnings. In 2024, AFFIN Bank's P/E ratio was 14.1x, while in 2025 it's expected to be 12.3x.

Enterprise value is the total value of a company, including its debt and equity. AFFIN Bank's enterprise value also fluctuated, ranging from 134B to 247B.

The EV/Sales ratio is another important valuation metric, indicating how much investors are willing to pay for each dollar of sales. In 2024, AFFIN Bank's EV/Sales ratio was 3.19x, while in 2025 it's expected to be 2.89x.

Here's a summary of AFFIN Bank's valuation metrics:

The yield, or return on investment, is also an essential aspect of valuation. In 2024, AFFIN Bank's yield was 2.63%, while in 2025 it's expected to be 2.97%.

The quotes and performance of an investment can give you a clear picture of how it's doing. In this case, the numbers show a steady growth over the past few months.

The investment has seen a +0.34% return over the past day, which is a relatively small increase but a good sign nonetheless.

Over a week, the investment has gained +1.74%. This is a more substantial increase and suggests that the investment is on the right track.

The current month has seen a +0.69% return, which is similar to the day-to-day increase. This shows that the investment is maintaining a consistent pace.

Here's a summary of the investment's performance over different time periods:

The investment's performance over the past six months is particularly impressive, with a +18.15% return. This is a significant increase and suggests that the investment is doing well.

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The management team at Affin Bank is led by Razly Abdullah bin Ali, who has been the CEO since April 2020. He is 55 years old.

Joanne May Rodrigues is the Director of Finance/CFO, a role she took on in May 2020. She is 52 years old and has been with the bank for over two years.

Razly Abdullah bin Ali is supported by Risham Akashah bin Kamaruzaman, the Chief Operating Officer, who joined the bank in November 2020. He is 54 years old.

Here is a list of the Executive Committee members:

Affin Bank has a diverse ownership structure with multiple stakeholders. Armed Forces Fund Board (LTAT) holds a significant 28.79% stake in the bank.

The bank's wholly-owned subsidiary, Boustead Holdings, previously held a 20.08% stake but has since ceased to be a shareholder after selling its shares to another entity.

In September 2024, the Sarawak Government, through its wholly-owned subsidiary SG Assetfin Holdings, became a major shareholder with a 31.25% stake.

The Executive Committee at AFFIN Bank is comprised of experienced leaders who have been handpicked for their exceptional skills and expertise. Razly Abdullah bin Ali serves as the CEO, having taken on the role since April 1, 2020.

Joanne May Rodrigues is the Director of Finance/CFO, appointed on May 31, 2020. She brings a wealth of knowledge and experience to the table. Her age is 52.

Risham Akashah bin Kamaruzaman is the Chief Operating Officer, having joined the bank on November 30, 2020. At 54 years old, he is a seasoned professional with a deep understanding of the industry.

Adzamimah binti Adzmi serves as the Compliance Officer, a role she has held since July 16, 2018. Her age is 49.

Here is a breakdown of the Executive Committee members:

At Affin Bank, you can manage your finances with ease through their range of products and services. One of the key services they offer is Unit Trust Services, which can help you invest your money wisely.

Their product lineup includes Accounts, such as Current and Savings accounts, which provide a safe and convenient way to store your money. They also offer Hire Purchase, a service that allows you to purchase goods with the option to pay in installments.

You can access your accounts and services online through their Internet Banking platform, making it easy to stay on top of your finances from anywhere.

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So, you're looking to understand the products and services offered by this company. Let's take a look at what they have to offer.

They offer a range of accounts, including current and savings accounts.

Their services include unit trust services, which can help you invest your money.

You can also manage your finances online with their internet banking service.

Another service they offer is hire purchase, which allows you to purchase items over time.

Here's a breakdown of their products and services:

Commercial banks are a vital part of the financial system, offering a range of services to individuals and businesses alike. They provide a safe and secure place to store and manage money, as well as a platform for borrowing and lending.

Some commercial banks have seen significant growth in recent years. For example, Agricultural Bank of China Limited has experienced a 47.99% increase in its stock price over the past year, making it one of the most successful banks in the industry.

The average stock price of commercial banks has also seen a notable increase. Over the past year, the average stock price has risen by 16.59%, indicating a strong performance by the sector as a whole.

Here are some of the top-performing commercial banks, ranked by their stock price changes over the past year:

These banks have demonstrated impressive growth and resilience in the face of market fluctuations.

Affin Bank has a strong presence in the Malaysian market, with a network of over 250 branches and more than 500 ATMs.

The bank's market share in Malaysia is around 4.5%, making it one of the top 10 banks in the country.

Its focus on digital banking has helped it reach a wider customer base, with a mobile banking app that has been downloaded over 1 million times.

The app offers a range of features, including online banking, bill payments, and fund transfers, making it a convenient option for customers on-the-go.

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Affin Bank Berhad's digital strategy is informed by its likely spend across various technology areas, as revealed by IT Client Prospector.

The bank's ICT spend and tech priorities provide valuable insights into its digital strategy.

IT Client Prospector offers intelligence on Affin Bank Berhad's likely spend across technology areas, enabling users to understand the bank's digital strategy.

This information can be used to make informed decisions about investments and partnerships in the technology sector.

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As we delve into the world of market analysis, it's essential to understand the competitive landscape of the industry. One key aspect of this is looking at the number of employees each company has, which can give us an idea of their scale and operational capacity.

Public Bank Berhad has the largest number of employees at 19,827, followed closely by RHB Bank Bhd with 13,968. In contrast, Affin Bank Bhd has a relatively smaller workforce of 6,000.

Here's a comparison of the number of employees across the industry:

This information can be useful in understanding the operational capacity and potential for growth of each company.

Affin Bank has been a prominent player in the Malaysian banking scene for decades. Its rich history dates back to 1988 when it was established as a joint venture between Affin Holdings and Bank of Commerce.

The bank's commitment to innovation is evident in its digital banking services. Affin Bank has been at the forefront of adopting cutting-edge technology to enhance customer experience.

In 2017, Affin Bank was awarded the "Best Islamic Bank in Malaysia" by The Asian Banker. This recognition is a testament to the bank's dedication to Islamic banking principles.

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Affin Bank's customer service is known for being responsive and efficient. Customers can reach out to the bank's customer service team through multiple channels, including phone, email, and online chat.

The bank's online banking platform is user-friendly and secure. Customers can easily manage their accounts, pay bills, and transfer funds with just a few clicks.

Affin Bank has a strong presence in the Malaysian market, with over 100 branches nationwide. This extensive network provides customers with convenient access to banking services.