Banking On Record Earnings

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.