Hong Leong Bank quarterly net profit rises

The banking group reported slightly lower revenue of RM1.39bil for the first quarter.

PETALING JAYA: Hong Leong Bank Bhd kickstarted its new financial year with a set of encouraging results, underpinned by growth in its loans and financing portfolio.

“Amid ongoing external headwinds and volatility in global markets, we remain vigilant and resolute in executing our strategic priorities and driving our continued business expansion,” said group managing director and chief executive officer (CEO) Kevin Lam in a statement.