Hong Leong upbeat, unperturbed by plunge in non-interest income

Hong Leong Bank Bhd Group Managing Director Tan Kong Khoon

PETALING JAYA: Hong Leong Bank Bhd (HLB) is unperturbed by the 29% plunge in its non-interest income in the first six months ended Dec 31, 2014. The fifth-largest bank by asset size is optimistic that its portion of the non-interest income will improve in the current year and position it for better earnings growth.

With the various strategies and intitatives in place, the bank believed it would be able to ride out the economic challenges and have a stronger footing in the competive banking landscape.