News About RHB

Malaysian retail REITs to see light at end of tunnel

Aug 12

KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.

RHB Bank lowers base rate by 50 basis points

May 06

KUALA LUMPUR (May 6): RHB Banking Group has revised its base rate (BR) and base lending rate (BLR) downwards by 50 basis points (bps) effective May 13, 2020, in line with a reduction in the overnight policy rate (OPR) by Bank Negara Malaysia (BNM).

RHB first local bank to waive compound of interest or profit during six-month moratorium

Mar 27

KUALA LUMPUR (March 27): RHB Banking Group became the first local bank to announce that it will not be compounding interest for its retail and small and medium enterprise (SME) customers during the six-month moratorium period recently announced by Bank Negara Malaysia (BNM).

RHB expands financial aid to COVID-19 affected customers with moratorium on loans

Mar 18

KUALA LUMPUR (March 18): RHB Bank and RHB Islamic Bank are now offering a moratorium of up to six months for loan repayments to customers affected by the Covid-19 outbreak, via its financial relief programme.

RHB Research: Movement restriction order negative for construction and basic materials sectors

Mar 18

KUALA LUMPUR (March 18): Malaysia's movement restriction order is negative for the construction and basic materials sectors, said RHB Research.

RHB Research raises target price for KLCCP Stapled to RM8.68

Mar 09

KUALA LUMPUR (March 9): RHB Research has reiterated its “buy” call for KLCCP Stapled Group (KLCCP Stapled), comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, at RM8.

RHB adjusts rates following OPR cut

Mar 04

KUALA LUMPUR (March 4): RHB Banking Group is revising its base rate (BR) and base lending rate (BLR) downward by 25 basis points, in line with the reduction of the overnight policy rate as announced by Bank Negara Malaysia on Tuesday.

RHB IB: BNM appears to indicate no further rate cuts unless GDP trajectory is disrupted

Mar 04

KUALA LUMPUR (March 4): RHB Investment Bank Bhd Research said Bank Negara Malaysia’s (BNM) monetary policy committee statement appeared to indicate no further rate cuts unless the GDP growth trajectory is disrupted.

What Malaysia's banking chiefs say about Budget 2020

Oct 11

KUALA LUMPUR (Oct 11): Pragmatic, carefully curated to benefit the rakyat across ethnic groups and with timely incentives to reduce the country's dependence on foreign labour — these are among the comments from Malaysia's top bankers on Budget 2020, which was tabled in Parliament today by Finance Minister Lim Guan Eng.