Banking On Record Earnings
Update: 2019-02-27
Description
Latest banking earnings revealed RHB Bank posting record numbers with net profit increasing 18% year-on-year to RM2.3 billion for the 2018 financial year.
This follows Maybank - Malaysia’s biggest bank - that reported record earnings as well earlier this week. Maybank's net profit for 2018 grew about 8% to RM8.1 billion.
Meanwhile, EPF and PNB are expected to net dividend close to RM5 billion from their stake in top four banks in Malaysia.
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