Hong Leong Bank posts improved FY23 with net profit of RM3.82bil

Kevin Lam, group managing director and CEO of Hong Leong Bank

KUALA LUMPUR: Hong Leong Bank Bhd recorded an improved set of financial results in its 2023 financial year on the back of higher non-interest income while net interest income was stable despite higher funding costs.

In a statement, Hong Leong Bank group managing director and CEO Kevin Lam said the bank's results for the year were commendable, underpinned by robust loan/financing growth, healthy asset quality and reasonable returns amidst the ongoing external headwinds and volatility in global markets.