With a more favourable environment, AFFIN BANK improves to Slightly Positive
AFFIN BANK (MY), a company active in the Money Center Banks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date February 19, 2021, the closing price was MYR 1.75 and its potential was estimated at MYR 1.99.Affin Holdings is an investment holding company. Through its subsidiaries, Co. is engaged in commercial banking and hire purchase business, Islamic banking business, investment banking and stock-broking, money-broking, fund and unit trusts management. Co.'s segments include commercial banking, which focuses on business of banking including Islamic Banking operations; investment banking, which focuses on business of a merchant bank, stock-broking, fund and unit trusts management; insurance, which includes the business of underwriting general and life insurance businesses; and others, which include operation of investment holding companies, money-broking and other related financial services.
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