RHB Bank

Banking & finance

Engage client actively to avoid NPL bubble

SINGAPORE (Apr 9): The moratorium on loans announced by the government last week for households and SMEs will help protect the banking system and ensure liquidity while shielding the economy from c

Results

Public Bank’s 2Q earnings drop 4.5%

(Aug 19): Despite reporting a 4.5% decline in net profit for the second quarter ended June 30 (2QFY2019), Public Bank’s earnings remain very much within the consensus estimate.

ANZ talks to sell stake in Malaysia's AmBank scrapped

KUALA LUMPUR/SINGAPORE (Aug 23): Australia and New Zealand Banking Group's (ANZ) talks to sell its 24% stake in Malaysian lender AMMB Holdings (AmBank) to retirement fund KWAP have been called off,

Malaysia

AMMB, RHB confirm merger plan; get BNM nod

KUALA LUMPUR (June 1): RHB Bank and AMMB Holdings have confirmed that they are exploring a merger and that they have obtained approval from Bank Negara Malaysia (BNM) to commence discussions.

Malaysia

Talk of AMMB-RHB merger surfaces again

(March 20): Talk of potential merger between mid-sized lenders AMMB Holdings and RHB Bank seems to have resurfaced in the banking industry, with a source telling The Edge that an adviser —

Serrano director Chia Wing Hock declared bankrupt, stripped of post

SINGAPORE (Nov 18): Serrano’s executive director Chia Wing Hock has been declared bankrupt and removed from his post with effect from Nov 17, says the company in a filing to the Singapore Exchange

Serrano updates on bankruptcy proceedings

SINGAPORE (Oct 20): Serrano provided an update on bankruptcy proceedings against CEO Chia Wing Keong by The Bank of East Asia, and Executive Director Chia Wing Hock by RHB Bank, following a hearing

Broker's Calls

Say ‘Annyeong-Haseyo’ to the Hallyu star of stocks

SINGAPORE (Oct 13): RHB is initiating coverage on South Korean move producer Spackman Entertainment Group with a “buy” recommendation and price target of 22 cents, noting the group is “probably in

Serrano unit receives writ of summons over unpaid bills

SINGAPORE (Aug 17): Serrano, the provider of interior fit-out solutions for the residential, hospitality and retail sectors, says its wholly owned su

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