RHB Bank expects better earnings this year

RHB Khairusalleh

PETALING JAYA: RHB Bank Bhd expects to deliver better financial results in 2021, mainly due to not incurring further modification losses and lower expected credit losses (ECL), said the group’s managing director Datuk Khairussaleh Ramli.(pic)

This year, the groups’s return on equity (ROE) target is 9%, compared with the ROE of 7.7% achieved in 2020, Khairussaleh told an online media briefing.