Improved earnings for RHB Bank in third quarter


RHB Banking Group group managing director Datuk Khairussaleh Ramli said: “Despite the recent resurgence in Covid-19 cases, there seems to be early indicators pointing to global economic recovery but the trajectory remains highly uncertain at this juncture."

PETALING JAYA: Malaysia’s fourth largest lender by asset size, RHB Bank Bhd, posted a higher net profit of RM622.25mil in the third quarter ended Sept 30,2020 compared with RM615.83mil the same period a year ago.

However, for the nine-month period, the group recorded a net profit of RM1.59bil, a drop of 14.4% from the corresponding period last year.

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