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PETALING JAYA: RHB Bank Bhd saw improved performance for its third quarter ended Sept 30, with net profit jumping 6.4% to RM615.8mil while revenue rose 4.1% to RM3.33bil.
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.
PETALING JAYA: With the prolonged US-China trade war and global growth moderating across developed and emerging economies, coupled with geopolitical tensions, the banking sector as a bellwether of the Malaysian economy is not being spared from a tough 2020.
RHB Banking Group is strengthening its collaboration with the Lao government as it intensifies cross-border efforts to assist SMEs in building and expanding their businesses regionally.
PETALING JAYA: The recent Budget 2020 announcement was received with welcome by some of the country’s leading businesses in various industries.
KUALA LUMPUR: Tokio Marine Asia Pte Ltd has commenced due diligence on RHB Bank Bhd’s insurance unit, RHB Insurance.
KUALA LUMPUR: RHB Bank Bhd's net profit for the second quarter ended June 30, 2019, was 7.9% higher from the previous corresponding quarter at RM615.4mil on the back of higher non-fund based income and lower expected losses on loans.
Digitisation and automation in the global banking sector coupled with an environment of low interest rates and slow capital market activities have changed the way employees are being managed. These days, it is no longer a shock to learn about global banks shedding a high number of their workers.