Hong Leong Islamic Bank net profit up 35.7%

HongLeong Bank Logo
  • singapore
  • hong kong
  • vietnam
  • cambodia
  • LAN A
  • LAN B
  • LAN C
  • Our Story
  • News & Updates
  • Investor Relations
  • CSR
  • Awards
  • Management & BODs
  • Career
  • Deposits
  • Credit Card
  • Loans
  • Insurance
  • Investment
  • Remittance
  • Hong Leong Connect
  • Credit Card
  • Personal Loans
  • Current / Saving Account
  • Latest Promotions
  • News & Updates >
  • Hong Leong Islamic Bank net profit up 35.7%
Compare Cards ()

Hong Leong Islamic Bank net profit up 35.7%

news update banner en

Hong Leong Islamic Bank net profit up 35.7%

 


Kuala Lumpur, 11 November 2008

 

Hong Leong Islamic Bank (HLISB) posted a higher pre-tax profit of RM 28 million, up 36% year-on-year.

 

Earning per share was 16.8 sen (annualised) compared to 12.2 sen in the corresponding period last year. Return on average shareholder funds was 12.4%(annualised) compared with 10.1% for the last reported financial year.

 

The balance sheet net financing stood at RM 4.2 billion as at September 2008 or up by 10% from RM 3.8 billion for the corresponding period last year.Depositor base stood at RM 7.0 billion, up 37% year-on-year. The capital adequacy ratio remained strong at 19%.

 

In the 1st quarter FY09 , HLISB launched its new branch in Kota Bharu. The opening of the new branch is to meet the needs of a growing customer base and aconcrete step towards further strengthening its relationship with the local community. The enlarged branch network will be able to reach out to customersby providing a wide range of Syariah-compliant innovative solutions covering areas like structured finance, capital markets, personal financial servicesand wealth management.

-END-

Press Release - 11/11/2008

 

 

Media Contact

Group Corporate Affairs & Public Relations

Hong Leong Bank Berhad
DID: 03-20808888 ext 3281
Email: capr@hongleong.com.my

For enquiries connect with us online or drop by your nearest Hong Leong Bank Branch.


connect with us

branch locator
Our Artificial Intelligence Advisor is ready to assist you

Chat with us

×

External Link Disclaimer

You are leaving Hong Leong Bank's website as such our Privacy Notice shall cease. We wish to remind you on our terms on the use of links, Disclaimer and Reservation of Intellectual Property Rights.

Continue