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PETALING JAYA: Bank Internasional Indonesia (BII), one of the Maybank group’s key overseas subsidiaries, has commenced its Mumbai branch operations to tap significant business potential between India and the Asean region.
KUALA LUMPUR: RHB Bank Bhd posted a stronger set of financial results in the third quarter ended Sept 30,2019 with net profit higher by 6.4% to RM615.80mil from RM578.69mil a year ago.
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).
KUALA LUMPUR: RHB Banking Group has appointed Chong Han Hwee as group chief risk officer effective Sept 28.
Group’s liquidity and capital position remain solid
KUALA LUMPUR: RHB Bank recorded an 18.1% decline in net profit to RM2.03bil in the financial year ended Dec 31, 2020, as compared to RM2.48bil in the previous year due to the net modification loss arising from the loan moratorium and higher expected credit losses.