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KUALA LUMPUR: RHB Bank Bhd's net profit for the first quarter ended March 31,2020 declined to RM570.88mil as the banking group set aside higher allowances for expected credit losses (ECL).
PETALING JAYA: RHB Banking Group has approved more than RM500mil Special Relief Facility (SRF) applications to more than 700 small medium enterprises (SMEs).
KUALA LUMPUR: RHB Banking Group has approved more than RM500mil Special Relief Facility (SRF) applications to more than 700 Small Medium Enterprises (SMEs).
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has come up in full support for Bank Negara Malaysia’s proposed moratorium on payment of interest and principal for credit facilities for six months with effect from April 1.
KUALA LUMPUR: RHB Banking Group is closing two branches temporarily in Kuching, Sarawak from March 23 till 31.
KUALA LUMPUR: RHB Bank and RHB Islamic Bank is offering a moratorium of up to six months for monthly instalment payments, or the restructuring or rescheduling (R&R) of loans and financing for customers affected by Covid-19.
KUALA LUMPUR: The challenging economic environment currently could only be a short-term volatility that Malaysia would be able to see through easily, thanks to the country’s strong fundamentals.
KUALA LUMPUR: RHB Bank Bhd posted net profit of RM2.48bil in the financial year ended Dec 31,2019 (FY19), an increase of 7.7% year-on-year from RM2.30bil in FY18.
KUALA LUMPUR: RHB Bank and RHB Islamic Bank have activated a financial relief programme, to provide assistance to customers affected by the 2019 Novel Coronavirus (2019-nCoV) outbreak.