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KUALA LUMPUR: Bank Rakyat Group's profit before tax and zakat (PBTZ) for the nine months ended Sept 30,2019 rose by 4% to RM1.29bil, underpinned by financing and treasury activities.
PETALING JAYA: The appetite for non-rated bonds, which was once thought to be “inferior” to their rated counterparts, is fast gaining traction in Malaysia.
KUALA LUMPUR: Political stability and clarity on mega projects can be the 'wow' factors which could boost the ringgit and FBM KLCI performance next year.
KUALA LUMPUR: Maybank Investment Bank Research says it continues to adopt a broadly defensive investing strategy as the equity market continues to contend with multiple external and internal earnings headwinds
KUALA LUMPUR: Maybank Investment Bank Research says it continues to adopt a broadly defensive investing strategy as the equity market continues to contend with multiple external and internal earnings headwinds.
PETALING JAYA: Hong Leong Bank Bhd registered a slight 2.6% year-on-year (y-o-y) dip in net profit to RM688.58mil for the first quarter of the financial year ending June 30,2020 (FY20).
KUALA LUMPUR: Alliance Bank net profit in the second quarter ended Sept 30,2019 (2Q FY2020) fell by 25% to RM115.52mil from RM140.52mil a year ago mainly due to higher net credit cost.
KUALA LUMPUR: Hong Leong Bank Bhd posted stronger financial performance in the first quarter ended Sept 30,2019 as net interest margin (NIM) rebounded after the cut in the Overnight Policy Rate (OPR).
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.