Net profit, meanwhile, was RM4.79 billion, marginally lower by 0.7 percent from the RM4.82 billion a year earlier, owing primarily to a higher tax charge.
Natixis, controlled by Groupe BPCE, France’s second-biggest lender by branches, expects revenue in the region to rise more than 20 percent this year,
Financial services major Reliance Capital today reported 20 per cent rise in its second quarter net profit to Rs 217 crore, helped by robust growth in mutual fund, commercial finance and general insurance businesses.
Diversified financial services player JM Financial announced an 83 per cent jump in its consolidated net income today, at Rs 92.2 crore boosted by all-round business growth, which pushed up its fee income.
The world's second-largest listed stock market operator reiterated that while it had completed preparations, the scheme, seen as a milestone in the opening up of China's capital markets, had not received regulatory approval.
The bank also posted a higher-than-expected net profit, which was up 12% to $7.56bn. The final dividend rose 2c to 92c a share, fully-franked.