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Hong Leong Bank Berhad (Malaysia)

Main Activities: Commercial Banking
Full name: Hong Leong Bank Berhad Profile Updated: October 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Hong Leong Bank Berhad is a regional financial services company based in Malaysia. It has a presence in Singapore, Hong Kong, Vietnam, Cambodia, and China. The bank is listed on Bursa Malaysia and is part of the Hong Leong Group. It was originally incorporated in 1905 as Kwong Lee Mortgage and Remittance Company and later renamed Kwong Lee Bank Limited in 1934. In 1989, it was renamed MUI Bank and was acquired by the Hong Leong Group in 1994 and renamed Hong Leong Bank Berhad. The bank has grown through mergers and acquisitions and is now Malaysia's fifth-largest banking group by assets. It has a strong focus on technology and offers a comprehensive suite of online banking platforms. The bank aims to provide meaningful financial products and services to fulfill customer needs and embraces new technologies to enhance the overall customer experience.

Headquarters
Level 30, Menara Hong Leong, No. 6, Jalan Damanlela, Bukit Damansara
Kuala Lumpur; Federal Territories; Postal Code: 50490

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Website: http://www.hlb.com.my

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1934
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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64.23%
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0.01%
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Subsidiaries
Hlb Principal Investments (L) Limited
100%
Hlb Trade Services(Hong Kong) Limited (Hong Kong SAR, China)
100%
Hong Leong Wholesale Equity Fund
100%
Company Performance
Financial values in the chart are available after Hong Leong Bank Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net interest income
3.74%
Operating profit (EBIT)
6.23%
Net Profit (Loss) for the Period
9.9%
Total assets
6.41%
Total equity
9.73%
Total Assets Trend
-3.62%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
2.7%
Loans to Asset Ratio
0.55%

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