Bank Rakyat 9M PBTZ up 4% to RM1.29b


Bank Rakyat Group posted  profit before taxation and zakat (PBTZ) of RM867.65mil in the first half ended June 30, 2019 from RM735.46mil a year ago.

KUALA LUMPUR: Bank Rakyat Group's profit before tax and zakat (PBTZ) for the nine months ended Sept 30,2019 rose by 4% to RM1.29bil, underpinned by financing and treasury activities.

It announced last Friday the PBTZ was higher than the RM1.24bil in the previous corresponding period amidst weaker consumer sentiment in the economy.

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