Hong Leong Financial Group Overview
Key Highlights – An Integrated Financial Services Group
Financial Year June 2022
Net Profit (PATAMI): RM2,452m
Shareholders’ Funds: RM24.3bn
Total Assets: RM287bn
Credit Rating: AA1 / Stable / P1
Commercial Banking
- Completed acquisition of EON Bank in May 2011.
- Growth potential from international units: 18% Bank of Chengdu, 100% HLB Vietnam, HLB Cambodia & 12% Sichuan Jincheng Consumer Finance.
- Strong market positions in mortgages, hire purchase, credit cards & unsecured personal loans.
Financial Year June 2022
Net Profit (PAT): RM3,289m
Shareholders’ Funds: RM31.0bn
Total Assets: RM254bn
Insurance / Takaful
- 70%-owned HLA is the largest domestic life insurer & the 4th largest among all life insurers in Malaysia by annualised new business regular premiums (“NBRP”).
- HLA has over 8,000 agents.
- 30% equity interest in MSIG Insurance (Malaysia) Bhd ("MSIG").
- Completed Strategic Partnership with MSIG of Japan in Oct 2010.
Financial Year June 2022
Net Profit (PAT): RM339m
Total Assets: RM27bn
Investment Banking
- Held under 70.4%-owned listed Hong Leong Capital Bhd.
- Investment banking, stockbroking & asset management.
- Obtained ‘investment bank’ status / licenses in Jan 2009.
Financial Year June 2022
Net Profit (PAT): RM72m
Shareholders’ Funds: RM945m
Total Assets: RM4.3bn
