December 22, 2014 1:43 PM ET

Banks

Company Overview of Hong Leong Islamic Bank Berhad

Company Overview

Hong Leong Islamic Bank Berhad provides commercial banking products and services to financial institutions, corporates, agencies, and high net-worth individuals. It offers credit cards, investment, deposits, insurance, priority banking, and e-banking services; loans, which include housing and special housing loans, share margin financing, shop and personal, and car loans; savings accounts, including basic savings, senior savers savings, and junior savings; and basic current accounts, foreign currency current, and Smartlink accounts. The company also provides senior savers fixed deposits and foreign currency fixed deposits; ATM, cash and cheque deposit services, phone and mobile phone banking...

Level 8

Wisma Hong Leong

18 Jalan Perak

Kuala Lumpur,  50450

Malaysia

Founded in 2005

Phone:

60 3 2164 8228

Fax:

60 3 2164 2503

Key Executives for Hong Leong Islamic Bank Berhad

Chief Executive Officer
Chief Operating Officer
Age: 70
Executive Director
Group Managing Director and Director
Age: 61
Managing Director
Compensation as of Fiscal Year 2014.

Hong Leong Islamic Bank Berhad Key Developments

Hong Leong Islamic Bank Berhad Reports Earnings Results for the Full Year Ended June 30, 2014

Hong Leong Islamic Bank Berhad reported earnings results for the full year ended June 30, 2014. For the year, the company reported net profit after tax for the full year 2014 closed at MYR 231 million, backed by the growth in finance income and lower operating costs. Return on equity stood at 15.9% while return on assets improved from 1.04% to 1.06% year-on-year.

Hong Leong Islamic Bank Berhad Reports Earnings Results for the First Quarter of 2014

Hong Leong Islamic Bank Berhad reported earnings results for the first quarter of 2014. For the quarter, the bank registered a net profit of MYR 52 million against MYR 65 million in the same period last year underpinned by lower write-back in financing loss allowances.

Hong Leong Islamic Bank Bhd Reports Earnings Results for the Full Year Ended June 30, 2013

Hong Leong Islamic Bank Bhd reported earnings results for the full year ended June 30, 2013. The company's net profit for the fiscal 2013 improved by 62.0% on proforma basis to MYR 227 million, on the back of higher gains from treasury operations and write-back in financing loss allowances. Total net income for the year grew 31.9% year-on-year to MYR 489.0 million. The growth in income was in line with the expansion in financing business and higher contribution from non-financing income activities coupled with an improvement in asset quality. Return on equity and return on assets for the year strengthened to 18.0% and 1.0%, respectively, backed by higher profitability during the year.

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To contact Hong Leong Islamic Bank Berhad, please visit www.hlisb.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

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