Higher interest boosts RCE Capital profits

PETALING JAYA: Higher interest and fee income is helping to boost profits at RCE Capital Bhd, with the company expected to better its previous financial year performance amid steady demand for personal loans.

Increased contribution from its consumer financing lifted the group’s net profit in the third quarter ended Dec 31, 2017 by 5.2% to RM22.9mil compared with the RM21.8mil made a year earlier.