AI Summary
Affin Group reported a profit after tax and minority interests of RM267.6 million for the six months ended June 30, 2025, up from RM228.8 million in the same period last year. Profit before tax after zakat increased 22.1% to RM358 million, driven by higher net income and partially offset by increased impairment allowances. Gross loans and financing grew 7.3% to RM74.1 billion, while customer deposits rose 9.8% to RM78.2 billion. The CASA ratio improved to 28.2%. The launch of the AffinAlwaysX mobile banking app and a successful US$300 million senior unsecured notes issuance contributed to the strong performance. Affin's MSCI ESG rating was also upgraded from 'A' to 'AA'.
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