RHB posts 9MFY21 net profit of RM1.99bil

KUALA LUMPUR: RHB Bank Bhd posted an improved net profit of RM1.99bil in the first nine months of 2021, compared with RM1.59bil recorded in the same period last year on the back of higher net fund-based income.

"Net fund based income improved to RM4,340.8mil driven by proactive funding cost management, which dropped 28.9% year-on-year supported by current account savings account (Casa) growth of 4.8%.