August 27, 2014 4:19 PM ET

Banks

Company Overview of HSBC Bank Malaysia Berhad

Company Overview

HSBC Bank Malaysia Berhad, together with its subsidiaries, provides banking and other related financial services in Malaysia. The company’ personal banking products and services include savings and current accounts, time deposits, and foreign currency accounts; personal financing and overdrafts, and home loans; credit cards, Internet banking, automatic teller machines (ATM), fund transfers, and tele banking and self service banking services; education and retirement plans, household content shield, travel insurance, car and life insurance, mortgage insurance protection, and insurance products to chart the financial destinations at various stages of life; and unit trusts, HSBC funds, structur...

No 2 Leboh Ampang

North Tower

Kuala Lumpur,  50100

Malaysia

Founded in 1984

Phone:

60 3 2075 3000

Fax:

60 3 2070 1146

Key Executives for HSBC Bank Malaysia Berhad

Deputy Chairman
Age: 52
Chief Financial Officer and Non-Independent Executive Director
Managing Director of Commercial Banking
Regional Head of TSC - Asia-Pacific
Head of Trade and Supply Chain - Indonesia
Compensation as of Fiscal Year 2014.

HSBC Bank Malaysia Berhad Key Developments

Hsbc Bank Malaysia Berhad Reports Unaudited Consolidated and Parent Earnings Results for the First Quarter Ended March 31, 2014

HSBC Bank Malaysia Berhad reported unaudited consolidated and parent earnings results for the first quarter ended March 31, 2014. For the quarter, on consolidated basis, the company's revenue was MYR 1,000,278,000 compared with MYR 1,024,215,000 a year ago. Net interest income was MYR 366,463,000 compared with MYR 340,853,000 a year ago. Net operating income was MYR 701,556,000 compared with MYR 652,259,000 a year ago. Profit before income tax expense was MYR 395,043,000 compared with MYR 381,226,000 a year ago. The higher profit was due to lower loan impairment charges, partly offset by a decrease in operating income and higher operating expenses. Profit for the period was MYR 294,767,000 or 128.7 sen per basic earnings per MYR 0.50 ordinary share compared with MYR 282,173,000 or 128.7 sen per basic earnings per MYR 0.50 ordinary share a year ago. For the quarter, on parent basis, the company's revenue was MYR 853,348,000 compared with MYR 885,989,000 a year ago. Net interest income was MYR 373,846,000 compared with MYR 350,356,000 a year ago. Net operating income was MYR 628,194,000 compared with MYR 596,713,000 a year ago. Profit before income tax expense was MYR 345,268,000 compared with MYR 345,455,000 a year ago. Profit for the period was MYR 256,771,000 or 112.2 sen per basic earnings per MYR 0.50 ordinary share compared with MYR 257,028 or 112.2 sen per basic earnings per MYR 0.50 ordinary share a year ago.

HSBC Bank Malaysia Berhad Reports Unaudited Consolidated and Parent Earnings Results for the First Quarter Ended March 31, 2013

HSBC Bank Malaysia Berhad reported unaudited consolidated and parent earnings results for the first quarter ended March 31, 2013. For the quarter, on consolidated basis, the company's revenue was MYR 1.0 billion compared with MYR 1.1 billion a year ago. The decline in revenue was mainly due to the slowdown in the economy in the first quarter stemming from uncertainties leading up to the Malaysian General Elections, whilst the increase in loan and financing impairment charges was mainly on higher collective impairment provisions. Net interest income was MYR 0.34 billion compared with MYR 0.33 billion a year ago. Net operating income was MYR 0.65 billion compared with MYR 0.73 billion a year ago. Profit before income tax expense was MYR 0.38 billion compared with MYR 0.44 billion a year ago. The decline was mainly due to an increase in loan and financing impairment charges of MYR 43 million or 106.4% and a decrease in operating income of MYR 31 million or 4.1%. Profit for the period was MYR 0.28 billion or 124.0 sen per basic earnings per MYR 0.50 ordinary share compared with MYR 0.33 billion or 142.4 sen per basic earnings per MYR 0.50 ordinary share a year ago. For the quarter, on parent basis, the company's revenue was MYR 0.89 billion compared with MYR 0.92 billion a year ago. Net interest income was MYR 0.35 billion compared with MYR 0.35 billion a year ago. Net operating income was MYR 0.6 billion compared with MYR 0.67 billion a year ago. Profit before income tax expense was MYR 0.35 billion compared with MYR 0.4 billion a year ago. Profit for the period was MYR 0.26 billion or 112.2 sen per basic earnings per MYR 0.50 ordinary share compared with MYR 0.3 billion or 130.2 sen per basic earnings per MYR 0.50 ordinary share a year ago.

HSBC Bank Malaysia Berhad Reports Unaudited Group and Bank Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012

HSBC Bank Malaysia Berhad reported unaudited group and bank earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the group reported revenue was MYR 1,057,405,000 against MYR 1,010,318,000 for the same period last year. Interest income was MYR 555,191,000 against MYR 556,800,000 for the same period last year. Net interest income was MYR 313,146,000 against MYR 288,019,000 for the same period last year. Operating income before impairment losses was MYR 760,126,000 against MYR 712,116,000 for the same period last year. Net operating income was MYR 697,048,000 against MYR 675,384,000 for the same period last year. Profit before income tax expense was MYR 418,062,000 against MYR 379,860,000 for the same period last year. Profit for the period was MYR 320,994,000 against MYR 274,982,000 for the same period last year. Profit attributable to owner of the Bank was MYR 320,994,000 against MYR 274,982,000 for the same period last year. Basic earnings per MYR 0.50 ordinary share was 140.2 sen against 120.1 sen for the same period last year. For the nine months, the group reported revenue was MYR 3,161,098,000 against MYR 2,920,331,000 for the same period last year. Interest income was MYR 1,694,313,000 against MYR 1,632,245,000 for the same period last year. Net interest income was MYR 957,573,000 against MYR 877,245,000 for the same period last year. Operating income before impairment losses was MYR 2,266,883,000 against MYR 2,080,057,000 for the same period last year. Net operating income was MYR 2,091,817,000 against MYR 1,905,640,000 for the same period last year. Profit before income tax expense was MYR 1,192,704,000 against MYR 1,005,358,000 for the same period last year. Profit for the period was MYR 899,634,000 against MYR 742,465,000 for the same period last year. Profit attributable to owner of the Bank was MYR 899,634,000 against MYR 742,465,000 for the same period last year. Basic earnings per MYR 0.50 ordinary share was 392.9 sen against 324.2 sen for the same period last year. Operating income grew was mainly due to higher income from Islamic banking operations of MYR 425 million, an increase of MYR 113 million or  36.3% and higher net interest income of MYR 958 million, an increase of MYR 80 million or 9.2%. For the quarter, the bank reported revenue was MYR 901,201,000 against MYR 909,262,000 for the same period last year. Interest income was MYR 572,456,000 against MYR 570,383,000 for the same period last year. Net interest income was MYR 330,411,000 against MYR 301,602,000 for the same period last year. Operating income before impairment losses was MYR 650,064,000 against MYR 637,440,000 for the same period last year. Net operating income was MYR 619,631,000 against MYR 632,552,000 for the same period last year. Profit before income tax expense was MYR 366,713,000 against MYR 355,729,000 for the same period last year. Profit for the period was MYR 277,557,000 against MYR 256,535,000 for the same period last year. Profit attributable to owner of the Bank was MYR 277,557,000 against MYR 256,535,000 for the same period last year. Basic earnings per MYR 0.50 ordinary share was 121.2 sen against 112.0 sen for the same period last year. For the nine months, the bank reported revenue was MYR 2,728,740,000 against MYR 2,645,725,000 for the same period last year. Interest income was MYR 1,742,183,000 against MYR 1,667,447,000 for the same period last year. Net interest income was MYR 1,005,443,000 against MYR 912,447,000 for the same period last year. Operating income before impairment losses was MYR 1,969,887,000 against MYR 1,875,650,000 for the same period last year. Net operating income was MYR 1,888,931,000 against MYR 1,777,305,000 for the same period last year. Profit before income tax expense was MYR 1,061,439,000 against MYR 922,993,000 for the same period last year. Profit for the period was MYR 794,006,000 against MYR 676,928,000 for the same period last year. Profit attributable to owner of the Bank was MYR 794,006,000 against MYR 676,928,000 for the same period last year. Basic earnings per MYR 0.50 ordinary share was 346.7 sen against 295.6 sen for the same period last year.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HSBC Bank Malaysia Berhad, please visit www.hsbc.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.