23.11.2012 - RHB Cap Q3 profit up 14pct
RHB Capital Bhd recorded a 14.37% gain in net profit to RM487.48mil in the third quarter ended Sept 30, 2012 (Q3'12) compared with RM426.22mil in the corresponding period a year ago. The rise in net profit was attributed to higher net interest income, other operating income and income from Islamic banking business, as well as lower allowance for impairment on loans and financing. RHB's Islamic banking business reported a lower profit by 1.3% to RM77.3mil caused by higher allowances for impairment on financing and higher overhead costs. This was partially offset by higher trading income, fee income and net interest income...............................................Full Article: Source
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