Higher income: RHB Bank headquarters in Kuala Lumpur. The bank’s net fund-based income increased 8.9 to RM3.7bil from a year ago.
PETALING JAYA: RHB Bank Bhd’s net profit for the third quarter ended Sept 30 came in 18% higher year-on-year (y-o-y) to RM578.69mil, driven by improved non-fund-based income and lower allowances for credit losses on loans.
Revenue rose by a slower pace of 8.3% to RM3.20bil from RM2.95bil in the same period a year ago.
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