Hong Leong Bank Bhd - Company Profile
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Hong Leong Bank Bhd (HLB) is a commercial bank, which offers personal, private, business, and Islamic banking services to individuals and corporate customers. Adequate capital and liquidity, asset quality and market position in Malaysia are some of its key strengths even as its business performance of global market segment could be considered as causes for concern. Growing market for payment channels in Malaysia, strategic initiatives and emergence of FinTech companies could offer ample growth opportunities to the bank. However, stiff competition, emergence of neo banks, and risks related to online identity theft and hacking could create an adverse impact on the bank’s business performance.
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