VenkatRHB Bank Bhd. 's fourth-quarter net profit rose 22.3% compared with the same period a year earlier, mainly supported by higher net interest income and lower credit losses. Net profit for the quarter ended December was 772.1 million ringgit ($174.1 million) with interest income of MYR2.18 billion compared with MYR1.60 billion year earlier, the bank said Monday. RHB's gross loans and financing grew 6.9% on year to MYR212.2 billion, mainly supported by growth in mortgages and auto finance. Venkat at venkat.pr@wsj.com(END) Dow Jones NewswiresFebruary 27, 2023 00:10 ET (05:10 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal February 27, 2023 05:20 UTC