Hong Leong Bank Bhd group managing director and CEO Domenic Fuda said FY2019 was a challenging year, with ongoing funding cost pressure, coupled with global economic challenges and cautious business sentiment.
KUALA LUMPUR: Hong Leong Bank Bhd
's net profit rose by 1% to RM2.66bil in the financial year ended June 30, 2019 from RM2.63bil a year ago amid a challenging year and rewarded shareholders with a proposed dividend of 34 sen a share.
The banking group said on Wednesday its revenue was RM4.725bil compared with 4.839bil mainly supported by the healthy growth in loan book.
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