RHB Bank mulls sale of Singapore building

9 Aug 2018 - The Star Online
SINGAPORE: RHB Bank Bhd is exploring options for its main office building in Singapore, including a potential sale that could fetch about S$200mil (RM597mil), according to a source. The bank is considering selling its 17-storey location in the city-state’s central district because it wants to move to ...
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RHB Bank mulls S$200m sale of Singapore building

8 Aug 2018 - The Star Online
SINGAPORE: RHB Bank Bhd is exploring options for its main office building in Singapore, including a potential sale that could fetch about S$200 million ($146 million), according to people with knowledge of the matter. The bank is considering selling its 17-storey location in the city-state’s central ...
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RHB partners ABSS, PayNet to offer zero-cost payment platform

26 Jul 2018 - The Star Online
KUALA LUMPUR: RHB Bank Bhd has teamed up with Asian Business Software Solutions Sdn Bhd (ABSS) and Payments Network Malaysia Sdn Bhd (PayNet) to offer a zero-cost payment platform to Small and Medium Enterprises (SMEs) in the country. ABSS and PayNet operate Financio and JomPay respectively. JomPAY ...
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RHB Bank Singapore seals world's largest Islamic hotel financing deal

11 Jul 2018 - The Star Online
KUALA LUMPUR: RHB Bank's Singapore branch completed the world’s largest Islamic bilateral hotel financing deal with the Royal Group, for a four-star luxury hotel valued at S$300mil (RM888.72mil). It said on Wednesday the Singapore-based Royal Group is involved in the development and management of real ...
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RHB Bank offers online solutions for SMEs, targets 2,500 more registrations

26 Jun 2018 - The Star Online
KUALA LUMPUR: RHB Bank Bhd targets to get 2,500 more registrations in the next 12 months for its SME e-Solution which offers the first total cloud based solutions,as it seeks to provide greater connectivity and efficiency for small and medium enterprises (SMEs). Originally targeted at the retail industry, ...
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RHB Bank top pick for banking sector, says CIMB Research

1 Jun 2018 - The Star Online
KUALA LUMPUR: RHB Bank remains an Add and CIMB Equities Research’s top pick for the sector based on the attractive valuations and as it benefits from the on-going transformation. The research house said on Friday its target price for the banking stock was RM6.23 while the last traded price was RM5.34. ...
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Higher fund based income boosts RHB Bank's Q1 earnings

31 May 2018 - The Star Online
KUALA LUMPUR: RHB Bank Bhd reported a firmer set of earnings in the first quarter ended March 31, 2018, underpinned by higher net fund based and non-fund based income as well as lower allowance for expected credit losses. The banking group reported on Thursday its net profit rose by 18.1% to RM590.82mil ...
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RHB Bank sees loan growth improving

25 Apr 2018 - The Star Online
KUALA LUMPUR: RHB Bank expects loan growth this year to be better than last year and capital market activities to improve. “Banks will generally benefit from the OPR increase this year. We will also see the impact of MFRS9. “On the business front, we believe that this year looks to be better better than ...
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Expectations of stronger loan growth for RHB Bank in 2018

28 Mar 2018 - The Star Online
KUALA LUMPUR: CGSCIMB Research has reaffirmed its positive stance on RHB Bank Bhd following a meeting with group CFO Tuan Syed Ahmad Taufik Albar. "The positive takeaways from the meeting were the expectations of stronger loan growth in 2018 and the expected turnaround in its overseas earnings. "Meanwhile, ...
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Higher earnings growth for RHB Bank in FY17

27 Feb 2018 - The Star Online
KUALA LUMPUR: RHB Bank Bhd's earnings rose 16% to RM1.95bil in the financial year ended Dec 31, 2017 from RM1.68bil a year ago. It announced a dividend of 10 sen per share. It announced on Tuesday the improved performance was largely driven by higher net funding income, lower loan loss impairment and ...
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