Financial statement bank muamalat 2016. As at 31st december 2016 the group has net borrowings of rm5962 million rm6928 million in previous financial year. 6175 w incorporated in malaysia 8. At bank muamalat we enhance our value based on criteria beyond business results and marketplace.
The group generally has been financing its operations through internally generated funds and bank borrowings. Annual report 2017. Rhb bank berhad also holds direct shareholding of 20 in rhb trustees berhad and.
The community is the place we seek for co prosperity and epitomize our business ingenuity. Impaired financing by sector impaired financing by business 8 bank muamalat malaysia berhad 6175 w annual report 2016. Our customer service and product offerings result in social and human benefits.
Our workplace sets the pace for us to deliver and share our values with the community and environment. To approve the declaration of a first and final tax exempt dividend of 550 sen per ordinary share in respect of the financial year ended 31 december 2016. Report 55 statement of financial position56 income statement 57 statement of comprehensive income58 statement.
The journey of bank muamalat indonesia for nearly a quarter century in 2016 entered the stage of development of corporate culture and banks infrastructure. Connected party 9 as at end of fy2016 connected parties exposure accounted for 65 of the total outstanding credit exposures of rm240 billion. Bank muamalat malaysia berhad 6175 w incorporated in malaysia directors report and audited financial statements 31 march 2016.
The net gearing ratio is 06 times 08 times in previous financial year. To receive the audited financial statements for the financial year ended 31 december 2016 and the reports of the directors and auditors thereon.