MBSB

Malaysia Building Society Bhd (MBSB) saw its net profit for the second financial quarter ended June 30, 2015 (2QFY15) plunge 63% to RM85.6mn due to higher allowances for impairment losses on loans, advances and financing. The higher impairment losses recorded is in line with the continuation of the impairment programme initiated by the group in the fourth quarter of the previous year. (Bursa Malaysia / The Edge)