Hong Leong Bank seen to recover faster than peers


HLB ATM visual impairedFor one thing, the fifth-largest banking group in Malaysia, has the lowest level of loans under the targeted repayment assistance programme within the industry at 7.5% compared with its peer average of 13%.

PETALING JAYA: Hong Leong Bank Bhd’s (HLB) financial indicators seem to suggest that the company is in a good position to recover faster than its peers.

For one thing, the fifth-largest banking group in Malaysia, has the lowest level of loans under the targeted repayment assistance programme within the industry at 7.5% compared with its peer average of 13%.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Hong Leong Bank , HLB , recover , faster , loans , provisions ,

   

Next In Business News

Ports powering property
Smart homes on a budget
Tackling the complexities of flooding
Ringgit to exhibit softness in thin trading next week
Stay the course in Malaysia’s growth
Bond option for retirees
Raising The Standard in Singapore
Slow going for O&G
What 2025 means to the economy
Government to decide on new electricity tariffs

Others Also Read