In a statement, the bank acknowledged the challenging business environment but noted its strong capital ratio and liquidity levels.
"We will also continue to provide the appropriate assistance to our customers who remain impacted by the Covid-19 pandemic," said RHB Banking Group managing director and CEO Mohd Rashid Mohamad. Aa at end-March 2022, total group assets increased 2.8% to RM297.6bil from December 2021 while shareholders' equity stood at RM28.1bil.The group’s gross loans and financing grew 1.4% year-to-date to RM201.3bil, mainly supported by growth in mortgage, SME and Singapore.Gross impaired loans was RM3bil with a gross impaired loans ratio of 1.5% compared with 1.49% as at December 2021.
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