RHB Bank’s net profit jumps 28.2% to RM833mil in 3Q24

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RHB Bank’s net profit jumps 28.2% to RM833mil in 3Q24
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KUALA LUMPUR: RHB Bank Bhd’s net profit surged 28.2% to RM833.2mil in the third quarter ended 30 September, compared with RM650mil in the same quarter last year.

For the first nine months to Sep 30 , RHB recorded year-on-year net profit growth of 2.9% to RM2.3bil while revenue grew 9.4% to RM13.3bil. “Our consistent income growth, enhanced cost efficiency, and progress in sustainable finance reinforce our role as a strategic partner to businesses, particularly SMEs, as they navigate their transition toward low-carbon practices. By driving double-digit income growth, we are reinforcing our commitment to delivering value for our shareholders,” he said.

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