RHB Cap Q1 profit rises 26%


PETALING JAYA: RHB Capital Bhd’s first quarter ended March 31 net profit climbed 26.2% to RM450.7mil, lifted by steady loan expansion, stable margins and stronger contribution from customer-related transactions and activities.

The banking group said the higher net interest income and stronger non-interest income, coupled with significant improvement in loan impairment charges, further contributed to the stronger performance.

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