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$RHBBANK(1066.MY$
Performance Overview: Revenue Growth, Net Profit Decline YoY
RHB Bank Berhad has released its financial results for the first quarter of 2024, highlighting both positive growth and some challenges. The bank's total income increased by 9.5% year-over-year (YoY) and 3.2% quarter-over-quarter (QoQ), reaching MYR 2.09 billion. This growth was primarily driven by higher net fund income and n...
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edmundleekok
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$RHBBANK(1066.MY$ Quarter results not bad.
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**Fundamental Performance:**
The Malaysian banking sector is demonstrating resilience and moderate growth potential for 2024. Here are some key indicators:
1. **Non-Performing Loans (NPLs)**: The banks have effectively managed their asset quality, with NPLs expected to peak lower than previously anticipated. This control over bad loans supports financial stability and investor confidence.
2. **Credit Costs**: Average cre...
The Malaysian banking sector is demonstrating resilience and moderate growth potential for 2024. Here are some key indicators:
1. **Non-Performing Loans (NPLs)**: The banks have effectively managed their asset quality, with NPLs expected to peak lower than previously anticipated. This control over bad loans supports financial stability and investor confidence.
2. **Credit Costs**: Average cre...
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$RHBBANK(1066.MY$ why growth so little. very jealous when see cimb and maybank…
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$MRCB(1651.MY$ anyone already got the dividend?
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