RHB Bank Q2 earnings at RM350m

RHB Banking group managing director Datuk Khairussaleh Ramli explained that while the group's Q2 performance eas was affected by one large impairment on securities,

“The Malaysian banking sector growth is expected to remain modest, attributable to a deceleration in corporate loans market and ongoing consolidation of household loans sector. A softer financial and capital market, and rising pressure on liquidity and asset quality will also weigh on the performance of banks,” it said.