KEY FOCUS AREAS AND RESULTS Focus Area/Stakeholder Outcome Organisation: Driving sustainable growth and prudential management. Focus Area/Stakeholder Outcome Organisation: Empowering strategic transformation by strengthening human capital. Key Initiatives Key Initiatives Results Results ✓ Maintained proactive approach with dynamic asset quality management, using early care initiatives, close engagement with clients, and sector and portfolio review. ✓ Increased fund-based and non-fund-based income from fixed income portfolios. ✓ Managed the cost of funding and deposit mix to ensure internal and regulatory compliance to liquidity ratios, preserving our Net Income Margin (NIM). ✓ Restrategised fixed income activities while focusing more on fund-based income amidst “higher for longer” profit rates. ✓ Maintained resilient asset quality with a 1.95% Gross Impaired Financing (GIF) ratio, primarily driven by post-Covid recovery in the commercial segment. Notwithstanding this, Commercial Banking saw a 7% financing growth y-o-y. ✓ Achieved significant y-o-y growth of 33.8% in Treasury’s total net income. ✓ Onboarded experienced and highly skilled professionals to drive growth and expansion. ✓ GIB’s Relationship Managers (RM) completed the Certified Green Finance Advisor Programme by the Asian Banking School (ABS), a programme to equip the RMs with the necessary knowledge in green and sustainable finance. 103 w w w . b a n k i s l a m. c o m 01 02 03 04 MD&A – BUSINESS REVIEW 05 06 07 08 09
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