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RHB Singapore targets regional leadership under new PROGRESS27 strategy

Samantha Chiew
Samantha Chiew • 3 min read
RHB Singapore targets regional leadership under new PROGRESS27 strategy
The leadership team outlined the group’s strategy, highlighted recent performance milestones and reaffirmed its commitment to strengthening its regional footprint through Singapore. Photo: RHB
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RHB Singapore is set to play a larger role in driving the group’s regional ambitions, unveiling its 2025–2027 strategic roadmap, PROGRESS27 on July 18. The plan positions the Singapore business as the financial group’s lead regional hub under the newly formed Group International Business (GIB) division.

The move follows a strong performance in 2024. RHB Singapore reported a near doubling of profit before tax to $98.7 million, up 95.6% from the previous year. Total income rose 18.6% to $252.6 million, while gross loans grew 14.7% to $8.95 billion. Sustainable financing rose 40% to $972 million, reflecting a wider push into green finance.

“RHB Singapore plays a pivotal role in driving the Group’s regional ambitions,” says RHB Singapore CEO Goh Ken-Yi. “We are well-positioned to anchor our regional aspirations and accelerate the expansion of international business synergies under PROGRESS27.”

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