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THE proposed creation of Malaysia’s biggest banking group drills down to a basic question – how much is RHB Bank really worth?
KUALA LUMPUR: RHB Bank Bhd is targeting to achieve 50,000 RHB Smart Account and RHB Smart Account-i deposit account users within six months of the online campaign launch in April.
KUALA LUMPUR: The group retail banking division of RHB Bank Bhd is targeting to grow its total domestic loan contribution to 55% by 2020.
KUALA LUMPUR: RHB Asset Management Sdn Bhd and RHB Islamic International Asset Management Bhd, wholly-owned subsidiary of RHB Investment Bank Bhd, declared income distribution of up to RM150.4mil and RM10.7mil respectively for 35 conventional and Islamic funds, from January 31 to May 31, 2018.
KUALA LUMPUR: ,The injection of new capital and internal restructuring of RHB Capital Bhd is seen as credit positive for the group’s banking arm, RHB Bank Bhd, which will benefit from the move, says Moody’s Investors Service.
WHEN Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd were locked in a fight to wrest control of smaller rival RHB Capital Bhd (RHB Cap) in 2011, there was a lot happening behind the scenes.
PETALING JAYA: News reports that Taiwanese financial group Mega Financial Holding Co Ltd is in talks to buy into RHB Bank Bhd has led to speculation that the interested seller is likely to be Abu Dhabi’s Aabar Investments PJSC.
WHEN news came in that the mega-banking merger had been called off, there was a round of applause among some relieved staff at RHB Capital Bhd. Over at the country’s biggest bank, Malayan Banking Bhd (Maybank), its senior officials were, ironically, left grimacing at a missed chance in what would have been a golden opportunity to strengthen its position if the merger had proceeded because its rivals would have been distracted by integration issues.
SEPANG: RHB Banking Group and AirAsia BIG Loyalty have entered into a partnership to introduce a value-added loyalty programme that enables RHB customers to accumulate AirAsia BIG Points across selected retail banking products.
KUALA LUMPUR: RHB Banking Group (RHB) is projecting higher gross loan and financing growth of 5% this year compared with the 2% registered in the previous financial year.