RHB Capital Bhd posted a 18.99% higher net profit of RM453.85mil for the second quarter ended June 30 from RM381.39mil a year ago. The banking group said in its filing to Bursa Malaysia that the increase was driven by higher net interest income, strong growth in other operating income and income from the Islamic banking business, and lower allowance for impairment on loans and financing, partially offset by higher other operating expenses.
RHB’s revenue rose 7.73% to RM1.93bil in the same period from RM1.79bil in the corresponding period in the previous year………………………………………..Full Article: Source