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Banks remain appealing

Despite the challenging operating environment, the banking sector remains appealing for investors, thanks to its attractive valuation.

Malaysia s 50 richest see wealth rising

Tycoons on the 2023 Forbes list of Malaysia’s 50 Richest saw their combined wealth increasing to US$81.6bil (RM376.3bil) from US$80.5bil (RM371.2bil) a year ago.

Analysts cautiously optimistic on RHB despite steep drop in NIM

PETALING JAYA: RHB Bank Bhd saw its net interest margin (NIM) fall sharply by 46 basis points to 1.9% from 2.36% compared to the preceding quarter, and this has raised some concern among research analysts.

Public Bank targets RM33bil EEV lending by 2025

KUALA LUMPUR: Public Bank Bhd has increased its energy-efficient vehicle (EEV) lending target from RM25bil to RM33bil in 2025, according to managing director and chief executive officer Tan Sri Tay Ah Lek.

Public Bank s 1Q net profit rises to RM1 71b on absence of prosperity tax

KUALA LUMPUR, May 25 Public Bank Bhd’s net profit rose to RM1.71 billion in the first quarter ended March 31, 2023 (1Q FY2023) from RM1.40 billion in the same period last.

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