Hong Leong Bank seen to recover faster than peers

HLB ATM visual impairedFor one thing, the fifth-largest banking group in Malaysia, has the lowest level of loans under the targeted repayment assistance programme within the industry at 7.5% compared with its peer average of 13%.

PETALING JAYA: Hong Leong Bank Bhd’s (HLB) financial indicators seem to suggest that the company is in a good position to recover faster than its peers.

For one thing, the fifth-largest banking group in Malaysia, has the lowest level of loans under the targeted repayment assistance programme within the industry at 7.5% compared with its peer average of 13%.