Key Financial Highlights:

• Net profit rose 7.8% year-on-year (“Y-o-Y”) from MYR 3.1 billion ($660 billion) to MYR 3.4 billion ($723 million), driven by higher total income, disciplined cost management and lower expected credit losses (“ECL”).
• Total income grew 2.0% to MYR 8.8 billion ($1.8 billion).
• Cost growth contained at 3.3%, with cost-to-income ratio (“CIR”) at 47.3%.
• Domestic loans grew 6.2%, outpacing the industry’s 4.8%.
• Group loans expanded 5.4% to MYR 251 billion ($52.7 billion), supported by strong growth in Group Community Banking, Group Corporate and Business Banking, and Singapore.
• Gross impaired loans (“GIL”) ratio improved by 6 bps to 1.41% (FY2024: 1.47%).
• CASA growth of 11.6% elevated the CASA ratio to 30.4% (FY2024: 27.6%).
• Customer deposits rose 1.2% to MYR 253 billion ($53.1 billion).
• Islamic financing sustained healthy contribution at 46.4% of total domestic loans (FY2024: 44.6%).
• Return on Equity (“ROE”) improved to 10.5% in FY2025 (FY2024: 10.0%), reflecting the Group’s resilient financial performance.
• Declared a second interim dividend of 35 sen per share, bringing total FY2025 dividend to
• 50 sen per share, translating to a dividend payout ratio of 65%.

Kuala Lumpur – RHB Bank Berhad (“RHB” or the “Group”) delivered a net profit of MYR 3.4 billion ($700 million) for the financial year ended 31 December 2025 (“FY2025”), representing a 7.8% Y-o-Y increase. The resilient performance was underpinned by higher total income, disciplined cost management, and improvement in credit quality, reflecting the Group’s solid fundamentals and prudent execution across its core businesses.

Total income for FY2025 expanded 2.0% Y-o-Y to MYR 8.8 billion ($1.8 billion), driven by increase in net fund-based income though partially offset by a decline in non-fund based income. The Group sustained prudent cost discipline and maintained robust capital and liquidity positions, with cost growth contained at 3.3% and a CIR of 47.3%, whilst ECL improved to MYR 214 million ($45.5 million) from MYR 535 million ($113.8 million) in FY2024.

Dato’ Mohd Rashid Mohamad, Group Managing Director/Group Chief Executive Officer of RHB Banking Group said, “FY2025 marked solid progress for the Group, supported by a sustained performance across our core businesses and continued emphasis on operational discipline. It was also shaped by our efforts to enhance service quality and strengthen the overall customer experience. Heading into 2026, our priority will be on quality growth while accelerating innovation that further improve security, convenience and the way we serve our customers.”

The Group continued to advance its sustainability agenda in FY2025, mobilising approximately MYR 60 billion ($12.6 billion) in Sustainable Financial Services (“SFS”), representing 67% of its MYR 90 billion ($18.9 billion) target by 2027. This comprised MYR 34 billion ($7.1 billion) in green activities, MYR 11 billion ($2.3 billion) in social activities and MYR 15 billion ($3.2 billion) in ESG-linked financing. The Group also achieved 63% of its MYR 1 billion ($0.2 billion) Sustainable Trade Finance Programme target, and empowered more than 1.5 million individuals and businesses, equivalent to 61% of its 2027 goal.

“These achievements reaffirm our commitment to responsible growth and to supporting our customers’ transition journey. As we carry PROGRESS27 into its second year, we remain focused on execution discipline while positioning the Group to capture emerging growth opportunities across our operating footprint,” added Dato’ Mohd Rashid.

Robust Capital Position

The Group’s total assets rose to MYR 358 billion ($75.2 billion), supported by strong balance sheet growth. Shareholders’ equity stood at MYR 34 billion ($7.1 billion), with the Common Equity Tier-1 (“CET-1”) ratio of 15.2% and Total Capital Ratio (“TCR”) of 17.6%, providing solid buffers against external uncertainties and to support future growth. At the Bank level, CET-1 and TCR stood at 13.9% and 16.6%, respectively.

Strong Shareholder Returns

The Group declared a second interim dividend of 35 sen per share, bringing the total FY2025 dividend to 50 sen per share. This translates to a dividend payout ratio of 65%, with a 6.5% dividend yield.

Outlook Malaysia Maintains Its Investment Appeal

Malaysia’s economy is expected to remain resilient in 2026, with growth projected at 4.7%, supported by steady domestic activity and sustained investment momentum. External conditions have improved, with the manufacturing sector benefiting from continued strength in electrical and electronics exports. These developments, alongside national initiatives such as the National Energy Transition Roadmap and measures under Budget 2026 to accelerate renewable energy and green investments, provide a supportive backdrop for Malaysia’s economic growth.

Regionally, ASEAN economies are expected to see firmer conditions in 2026, with Malaysia remaining among the stronger performers. Against this backdrop, Malaysia continues to offer a constructive operating environment, supporting the Group’s disciplined execution and advancement of its strategic priorities under PROGRESS27.

Detailed Financial Performance

Net fund-based and non-fund based income

• Net fund-based income grew 3.9% Y-o-Y to MYR 6.0 billion ($1.3 billion), supported by 5.4% Y-o-Y gross loans growth and lower funding cost. Net interest margin (“NIM”) with liability management stood at 1.88%.
• Non-fund based income declined 2.1% Y-o-Y to MYR 2.8 billion ($600 million), on lower net gain on forex and derivatives, brokerage income and gain on disposal of subsidiaries.

Operating Expenses and ECL

• Operating expenses were contained at 3.3% Y-o-Y to MYR 4.2 billion ($900 million), with CIR at 47.3%.
• ECL improved to MYR 214 million ($45 million) from MYR 535 million ($112 million) with broad-based asset quality improvement observed both domestically and internationally.

Capital and Financial Positions

• Capital position remained robust with CET-1 and TCR at 15.2% and 17.6%, respectively.
• Total assets rose to MYR 358 billion ($75.2 billion) from MYR 350 billion ($73.5 billion) in December 2024. Net assets per share improved to MYR 7.83 ($1.67), and shareholders’ equity stood at MYR 34 billion ($7.1 billion) as of 31 December 2025.
• Gross loans grew 5.4% to MYR 251 billion ($52.7 billion), attributed to 6.9%, 4.8% and 4.3% growth in the Group Community Banking, Group Corporate and Business Banking, and Singapore segments, respectively. Domestic loans growth at 6.2%, outpacing the industry average of 4.8%.
• GIL ratio improved 6 bps to 1.41% from 1.47% in December 2024. Domestic GIL ratio at 1.20% (December 2024: 1.19%), outperformed the industry’s average of 1.37% (December 2024: 1.44%).
• Loan loss coverage ratio, including regulatory reserves improved to 118.2% (76.6% without regulatory reserves).
• Customer deposits grew 1.2% to MYR 253 billion ($53.1 billion) with CASA expanding 11.6% to MYR 77 billion ($16.2 billion). CASA ratio improved to 30.4% (December 2024: 27.6%). Liquidity coverage ratio (“LCR”) remained sound at 136.7%.
• Multi-Currency Accounts (“MCA”) balances increased 5.4% to MYR 9.2 billion ($1.9 billion). CASA from the MySiswa ecosystem grew 25.1% to MYR 545 million ($115.9 million). Total deposits from the ecosystem amounted to MYR 3.8 bil ($0.8 billion).

Earnings in Fourth Quarter FY2025 against Fourth Quarter FY2024

• Net profit for 4Q FY2025 grew 8.5% Y-o-Y from MYR 835 million ($175 million) to MYR 906 million ($190 million) attributed to higher net fund-based and non-fund based income, as well as lower ECL.

Business Segment Performance

Group Community Banking

• Pre-tax profit: MYR 1.1 billion ($234 million) (Y-o-Y: -11.0%).
• Gross loans: MYR 130 billion ($27.3 billion) (+6.9%), led by mortgage (+7.8%) and auto finance (+9.6%).
• Deposits: MYR 94 billion ($19.7 billion) (+5.9%), contributed by CASA (+3.8%) and fixed deposits (+6.6%).

Group Corporate and Business Banking

• Pre-tax profit: MYR 1.86 billion ($396.2 million) (Y-o-Y: +23.6%).
• Gross loans: MYR 83 billion ($17.4 billion) (+4.8%), driven by Corporate (+6.7%), Commercial (+12.0%) and middle market SME (+6.7%).
• Deposits: MYR 90 billion ($18.9 billion) (+0.7%), contributed by CASA (+12.5%).

Group Wholesale Banking

• Pre-tax profit: MYR 1,543 million ($328 million) (Y-o-Y: +0.6%).
• Gross loans: MYR 3 billion ($638 million) (+13.2%).
• Deposits: MYR 31 billion ($6.5 billion) (-7.9%).

Group International Business

• Pre-tax profit: MYR 257 million ($54.7 million) (Y-o-Y: +>100%).
• Gross loans: MYR 34 billion ($7.1 billion) (+0.9%), driven by Singapore (+4.3%).
• Deposits: MYR 37 billion ($7.8 billion) (-0.5%).

Group Shariah Business

• Pre-tax profit: MYR 1,062 million ($226 million) (Y-o-Y: -0.2%).
• Gross financing: MYR 100 billion ($21.0 billion) (+10.4%).
• Islamic business contribution to the Group’s total domestic gross loans improved to 46.4% (December 2024: 44.6%).

Group Insurance

• Pre-tax profit: MYR 103 million ($21.9 million) (Y-o-Y: +25.6%).

Re-disseminated by The Asian Banker