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Lender buoyed by higher net interest income
Public Bank Bhd posted a net profit of RM1.53bil in the first quarter ended March 31,2021, which was 15.12% higher than RM1.33bil in the previous corresponding quarter on the back of further expansion of its loans and deposits businesses as well as fee-based revenue growth.
KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd’s (UOB Malaysia) net profit declined 16.8% year-on-year (y-o-y) to RM1.02bil in 2020 compared with 2019.
KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) posted a 3.7% year-on-year increase in total operating income to RM3.21bil in 2020.
SINGAPORE: DBS Group on Friday trumped market forecasts with a 72% jump in first-quarter earnings as business forged ahead on all fronts with faster loan growth and record fee income.
KUALA LUMPUR: PT Bank CIMB Niaga Tbk (CIMB Niaga) posted an unaudited consolidated net profit of 996 billion rupiah (RM283mil) in the first quarter of 2021, translating to earnings per share of 39.95 rupiah.
KUALA LUMPUR: PT Bank CIMB Niaga Tbk (CIMB Niaga) posted an unaudited consolidated net profit of 996 billion rupiah in the first quarter of 2021 (1Q21), translating to earnings per share of 39.95 rupiah.
LONDON: HSBC Holdings Plc is offering its ultra-rich clients in Asia direct access to its investment bankers as the lender targets becoming a leader in managing wealth in an increasingly affluent region.
LONDON: HSBC Holdings Plc posted its best quarter since the pandemic began as an improving economic outlook drove optimism about the ability of borrowers to repay loans and its strategic reset to Asia remained on track.