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Hong Leong Bank's 1H net profit climbs to RM2.24bil on strong topline growth

The Star LogoThe Star9h ago

Hong Leong Bank's 1H net profit climbs to RM2.24bil on strong topline growth - The Star

Quick Summary:

KUALA LUMPUR: Hong Leong Bank Bhd benefited from improved top- and bottomlines, underpinned by growth in net interest income and a surge in non-interest income, in the first half of its financial year (1HFY25).

Banking 29m ago Public Bank ends FY24 with higher net profit of RM7.

Customer deposits in 1HFY25 rose 7.4% y-o-y to RM226.7bil, while current account savings account (Casa) maintained growth of 7.9% to RM71bil for a sustained Casa ratio of 31.3%.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 13:40:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26451984

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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The story "Hong Leong Bank's 1H net profit climbs to RM2.24bil on strong topline growth" was covered 9 hours ago by The Star, a news publisher based in Malaysia.

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The outlet is headquartered in Malaysia and publishes an average of 48 news stories per day.

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  • News ID: #26451984
  • URL: https://beamstart.com/news/hong-leong-banks-1h-net-17405486459565

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