热门标签

www.a55555.net(www.a55555.net):RHB credit charge-off rate to come in lower

时间:5天前   阅读:1   评论:1

Allbet官网www.aLLbet8.vip)是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

"We estimate that every one-basis-point reduction in CCOR from our projection will enhance our FY22 forecast net profit for RHB Bank by circa 0.5%,” says CGS-CIMB Research.

PETALING JAYA: The credit charge-off rate for RHB Bank Bhd in the financial year 2022 (FY22) could come in lower at between 20 and 30 basis points (bps), below its original guidance of 30 to 40 bps.

This was revealed by RHB Bank’s group chief financial officer Nik Rizal Kamil Nik Ibrahim Kamil during CGS-CIMB Research’s regional virtual conference held on Nov 9.

A credit charge-off rate (CCOR) is a measure that shows the percentage of defaulted credit balances in comparison to the total amount of credit outstanding.

CGS-CIMB Research said it is relatively more positive on RHB Bank following the event, given its lower CCOR guidance.

“We are projecting a CCOR of 32 bps for RHB Bank in FY22. We estimate that every one-basis-point reduction in CCOR from our projection will enhance our FY22 forecast net profit for RHB Bank by circa 0.5%,” the research firm noted.

It notes that under the banking group’s new three-year strategy called “Together We Progress 24” (TWP24), the bank aims to lift its return on equity (ROE) from 10.2% in FY21 to 11.5% in FY24, which is higher than CGS-CIMB Research’s projected ROE of 10.6% for FY24.

“Potential levers for an increase in ROE are an improvement in credit costs, continuous expansion in assets (leading to an increase in net interest income), and better operating efficiency,” CGS-CIMB Research added.

,

trò chơi(www.vng.app):trò chơi(www.vng.app) cổng Chơi tài xỉu uy tín nhất việt nam。trò chơi(www.vng.app)game tài Xỉu trò chơi online công bằng nhất,trò chơi(www.vng.app)cổng game không thể dự đoán can thiệp,mở thưởng bằng blockchain ,đảm bảo kết quả công bằng.

,

Another key takeaway from the session was that the bank sees a pick-up in deposit competition in the banking industry.

To this end, the bank will “take a conservative stance against it, to defend its net interest margin and maximise the positive impact from the hikes in the overnight policy rate (OPR).”

RHB Bank is also keen to grow its deposits in the small and medium enterprises (SMEs) segment, in the form of operating accounts for SMEs – the primary accounts through which the SMEs carry out all their banking transactions – as well as the salary accounts of their employees.

“We think that these types of deposits are stickier compared to most other types of deposits.” said CGS-CIMB Research.

While RHB Bank sees negligible earnings contributions from its digital banking joint venture in the next few years, the bank said it will be able to benefit from this venture in terms of new technology and technical know-how to run a pure digital bank.

Furthermore, RHB Bank will be able to tap into the customer ecosystem of Boost, the fintech arm of Axiata Group Bhd.

The Boost-RHB Bank consortium secured a digital banking licence from Bank Negara last year.

With regards to the start-up of the new digital bank, RHB Bank said that it is now in the “build” stage (the planning stage), where it is formulating its technological blueprint and strategic plans.

,

www.a55555.netwww.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

上一篇:哈希游戏源码(www.hx198.vip):中国外汇交易中心:11月11日CFETS人民币汇率指数为97.90,按周跌1.78 作者:理财18 2022-11-14 09:00

下一篇:关系修好共度难忘母亲节 Rosemary一日狂欢孝敬妈咪

网友评论

  • 2022-11-30 00:57:02

    “The proposed amendments will be difficult to implement without an efficient and integrated online system,” he told reporters in Putrajaya today.考这个我能得100