KFH to open 2 more branches by June

ISLAMIC bank Kuwait Finance House (Malaysia) Bhd (KFH Malaysia) expects to increase its number of branches here to 10 by June, from 8 now, in a bid to expand its retail banking presence.

The new branches will be in Kota Kinabalu (Sabah) and Batu Pahat (Johor), KFH Malaysia chief executive officer Jamelah Jamaluddin said.

The bank would also be delving into the microfinance business next month, she added, Jamelah spoke to reporters yesterday after KFH dona- ted RM1 million to Yayasan Sejahtera, a foundation set up in 2009 to champion a sustainable approach to eradicate hardcore poverty.

 

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