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Jun 14, 2024 · RHB Bank reported softer 3Q23 results. YTD, the 9M net profit stood at RM2,220mn, accounting for 71% of our forecast and 78% of consensus. Annualised ROE stood at 10.0%, slightly lower than 10.3% in 9M22. 9M23 net fund-based income declined by 11.9% YoY due to the steep increase in funding costs as NIM compressed 39 bps YoY to 1.85%.
4 days ago · RHB Bank Berhad is engaged in commercial banking and finance related business and the provision of related services. The Company operates through five segments: Group Community Banking, Group Wholesale Banking, Group Internat ional Business, Insurance and Support Center and Others. The Group Community Banking segment offers credit facilities ...
4 days ago · Publish date: Fri, 18 Aug 2023, 08:42 AM. KUALA LUMPUR (Aug 17): The rally in Malaysian banking stocks is gathering steam with Malayan Banking Bhd (Maybank) and RHB Bank Bhd leading the pack, both of which hit record highs this week. Attractive valuation, relatively steady outlook plus weightage on the FBM KLCI have made the banks the main ...
4 days ago · Business Summary. RHB Bank Berhad is engaged in commercial banking and finance related business and the provision of related services. The Company operates through five segments: Group Community Banking, Group Wholesale Banking, Group International Business, Insurance and Support Center and Others. The Group Community Banking segment offers ...
3 days ago · Public Bank Vietnam Limited (PBVN), a wholly-owned subsidiary of Malaysia's Public Bank Berhad (PBB), is acquiring an entire stake in RHB Securities Vietnam Company (RHBSVN) for about $15.2 million. Deutsche Bank has announced plans to inject an additional $100 million into its Ho Chi Minh City branch, raising its total investment in Vietnam to ...
5 days ago · RHB Bank Berhad is engaged in commercial banking and finance related business and the provision of related services. The Company operates through five segments: Group Community Banking, Group Wholesale Banking, Group International Business, Insurance and Support Center and Others.
4 days ago · Tue, June 25, 2024 | 10:43 pm GMT+7. Public Bank Vietnam, a wholly owned subsidiary of Malaysia’s Public Bank Berhad, has reportedly completed the acquisition of RHB Securities Vietnam. This move followed the issuance of a permit by the State Securities Commission of Vietnam (SSC) to rename RHB Securities Vietnam as Public Bank Securities ...
