RHB Bank set for a stronger second half


PETALING JAYA: Cautiousness over the United States tariffs on targeted small and medium-sized enterprises (SMEs), mid market and corporate customers resulted in a lower loan growth target and the topping up of overlays for RHB Bank Bhd.

In a report, Kenanga Research said while the bank credited its loan growth to a stronger presence in commercial and SME lending, there were still concerns of tariffs undermining near-term demands for financing.

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