PETALING JAYA: Maybank Investment Bank Research (Maybank IB Research) is positive on Hong Leong Bank’s fundamentals and it is raising the earnings forecast for the financial years 2018 and 2019 (FY18/FY19) by 2.5% and 3.1% respectively.
The research house said this was based on higher net interest margin (NIM) estimates of 2.07% and 2.06% versus 2.03% and 2.04% previously.
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