PETALING JAYA: RHB Bank
Bhd is cautiously optimistic that its asset quality will continue to improve, with its gross impaired loan (GIL) ratio stabilising in the coming quarters.
This followed the increase in the group’s GIL ratio to 1.83% as at end-March 2024 from 1.74% as at end-December 2023, driven by small and medium enterprises’ defaults in Malaysia as well as a deterioration in its overseas portfolios, in particular that of Thailand and Cambodia.
