sector: Financials ·
industry: Financial Services - Diversified ·
RHB Capital Berhad is an investment holding company. The Company is involved in commercial banking, Islamic banking, investment banking, leasing, offshore banking, offshore trust services, general insurance, unit trust management, asset management, and nominee and custodian services. Its segments include Corporate and Investment Banking (CIB), which caters to funding or lending needs of corporate customers; retail banking, which focuses on providing products and services to individual customers, and small and medium-sized enterprises; treasury and money market, which include trading in fixed income securities and foreign exchange; Islamic Banking business, which provides products and services in accordance with the principles of Shariah; international banking, which provides products and services tailored to the specific needs in foreign countries, and others, which include nominee services. In November 2009, it acquired RHB Kawal Sdn. Bhd. From Rashid Hussain Berhad.
BRIEF: For the nine months ended 30 September 2009, RHB Capital Berhad's interest income decreased 14% to RM3.12B. Net interest income after LLP decreased 21% to RM2.65B. Net income increased 2% to RM865M. Net interest income reflects a decrease in income from corporate & investment banking and lower income from treasury & money market segment. Net income benefited from a decrease in interest expenses and the presence of impairment gain vs. a loss.
RHB Capital Berhad
Level 10, Tower One
RHB Centre
Jalan Tun Razak
Kuala Lumpur 50400
P: +603.92852233
F: +603.92819314