Hong Leong Bank posts improved results in FY21


“As the journey ahead remains uncertain until all economic sectors reopen, we have built up additional pre-emptive impairment buffers as cover for this uncertain business environment,” said Hong Leong Bank group managing director and CEO Dominic Fuda (pic).

PETALING JAYA: Hong Leong Bank Bhd’s net profit in financial year 2021 (FY21) ended June 30, 2021 came to RM2.86bil, a 14.67% jump over RM2.49bil in the previous financial year, underpinned by a higher topline, tight cost management and robust contributions from associates.

Total income in FY21 was RM5.47bil, a 14.4% increase over RM4.78bil in the previous year.

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