Non-bank financial institutions a good buy


RHB Research notes that both Allianz and Syarikat Takaful Malaysia Keluarga are trading below their respective five-year averages.

PETALING JAYA: Healthy earnings prospects and inexpensive valuations have made the non-bank financial institutions (NBFIs) segment more appealing, with a research house advising investors that it is a “good time to accumulate”.

In particular, insurers are the top picks of RHB Research, who said that both insurers under its coverage are backed by solid fundamentals and attractive valuations.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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