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EPF records 3Q gross investment income of RM17.33bil
KUALA LUMPUR: The Employees Provident Fund recorded a gross investment income of RM17.33bil in the third quarter ended Sept 30, 2020, which was 28.37% higher than RM13.5bil recorded in the same quarter last year.
Lembaga Tabung Haji embarks on 3R investment strategy
PETALING JAYA: Lembaga Tabung Haji (TH) is embarking on its new "3R" investment strategy -- reshape, restructure and re-energise, focusing on new asset allocation to continue providing the pilgrims fund with a stable and recurring income.
AmBank expects loan growth at 5% for FY21
Lender delivers resilient results despite pandemic
Maybank core net profit within expectations
KUALA LUMPUR: Malayan Banking’s (Maybank) core net profit (CNP) for the nine months ended Sept 30 was within CGS-CIMB Equities Research’s expectations, accounting for 79% of its full-year forecast.
RHB Bank 3Q net profit slightly higher at RM622m
KUALA LUMPUR: RHB Bank Bhd posted net profit of RM622.25mil in the third quarter ended Sept 30,2020, which was 1% higher than the RM615.83mil a year ago due to other higher operating income.
AMMB posts higher 1H underlying net profit of RM791.9m
KUALA LUMPUR: AMMB posted higher underlying net profit of RM791.9mil in the first half ended Sept 30,2020 -- which was an increase of 11.4% from a year ago – excluding its adjustment for modification loss and higher macro provisions due to the Covid-19 pandemic.
Maybank’s 9M core net profit within CGS-CIMB Research’s forecast
KUALA LUMPUR: Malayan Banking’s (Maybank) core net profit (CNP) for the nine months ended Sept 30 was within CGS-CIMB Equities Research’s expectations, accounting for 79% of its full-year forecast.
Kenanga gains from robust stock market
PETALING JAYA: Kenanga Investment Bank Bhd has benefited from a robust stock market with its pre-tax profit for the first nine months of its financial year 2020 rising to more than a decade high.
Public Bank shows strong earnings growth
KUALA LUMPUR: Public Bank Bhd recorded strong sequential earnings growth in the third quarter ended September of RM1.39bil and an improvement from a year ago, boosted by higher income from investments, stock broking, fund management and Islamic banking.
Public Bank 3Q net profit higher at RM1.39b
KUALA LUMPUR: Public Bank posted net profit of RM1.39bil in the third quarter ended Sept 30,2020, a slight increase of 2.2% from RM1.36bil a year ago, underpinned by higher income from investments, stock broking, fund management and Islamic banking.
