Trade spillover expected to impact RHB’s lending

Kenanga Research said that slight top-ups on provisions may be expected from further developments surrounding trade policies.

PETALING JAYA: Spillover effects from trade tariffs may weigh on RHB Bank Bhd’s corporate lending activities, cautions Kenanga Research.

This is despite the fact that RHB, which is 39.2%-owned by the Employees Provident Fund, has a minimal direct and indirect exposure to trade loans at below 2%.