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KUALA LUMPUR: Banks are revising their reference rates following Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) increased to two per cent from 1.75 per cent.
KUALA LUMPUR: Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd will be revising the base rate (BR) and Islamic base rate (IBR) to 2.88% from 2.63% following the latest increase in Bank Negara’s overnight policy rate (OPR) by 25 basis points.
KUALA LUMPUR: Young savers of Hong Leong Bank Bhd and Hong Leong Islamic Bank’s (HLB) are stepping up once again as eco-warriors under the Earth Hero initiative, by planting another 2,500 trees in the Lower Kinabatangan area in Borneo this year.
KUALA LUMPUR: Hong Leong Bank (HLB) has kick-started its mangrove swamp ecosystem rehabilitation and conservation project with the Malaysian Nature Society (MNS).
KUALA LUMPUR: Hong Leong Bank Bhd (HLB) recorded a net profit of RM1.6bil for the six months ended Dec 31, 2021, which was a 14.2% improvement over RM1.4bil in the previous corresponding period.
KUALA LUMPUR: Hong Leong Bank Bhd recorded a net profit of RM1.6bil for the six months ended Dec 31, 2021, which was a 14.2% improvement over RM1.4bil in the previous corresponding period.
FOR the third year in a row, Hong Leong Bank (HLB) has been awarded the Best SME Bank in Malaysia 2021 award by The Asian Banker – one of the most prestigious international awards in the financial services industry.HLB also clinched the Best Cash Management in Malaysia 2021 award at The Asian Banker Transaction Finance Awards 2021 back in August.
KUALA LUMPUR: Hong Leong Bank Bhd and Hong Leong Islamic Bank Bhd have launched a new green energy financing facility, HLB Solar Plus Loan/Financing-i, which is a convenient financing solution for home owners to install a solar-powered energy system.
BARRING the emergence of new virus variants which can affect the economy, banks expect to see a gradual improvement in earnings recovery.
PETALING JAYA: Hong Leong Bank Bhd turned in a 17.7% jump in net profit to RM858.25mil in the first quarter (Q1) of its financial year ending June 30, 2022 (FY22), underpinned by topline growth, disciplined expense management, lower loan impairment allowances and robust associate contributions.