Hong Leong Financial Group Overview

Key Highlights A Stronger Financial Services Group

Financial Year June 2019
Net Profit (PATAMI): RM1,919m
Shareholders’ Funds: RM19.1bn
Total Assets: RM238bn
Credit Rating: AA1 / Stable / P1

Commercial Banking

  • 64.4%-owned listed HLB is the 5th largest bank by asset size in Malaysia.
  • Completed acquisition of EON Bank in May 11.
  • 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 2019
Net Profit (PAT): RM2,665m
Shareholders’ Funds: RM25.5bn
Total Assets: RM207bn

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 10.

Financial Year June 2019
Net Profit (PATAMI): RM208m
Total Assets: RM23bn

Investment Banking

  • Held under 81.3%-owned listed Hong Leong Capital Bhd.
  • Investment banking, stockbroking & asset management.
  • Obtained ‘investment bank’ status / licenses in Jan 09.
  • New management team came in early-10.

Financial Year June 2019
Net Profit (PAT): RM68m
Shareholders’ Funds: RM798m
Total Assets: RM4.6bn