Hong Leong Bank (5819.KL)

Overall impact
C (59)

Commentary

Hong Leong Bank is an average overall performer. With a 'C' rating of 58.9 for overall impact (60th percentile compared to all companies), Hong Leong Bank ranks 111th out of 180 industry peers, behind Bancolombia, Banco Santander Chile, Itau Unibanco and 107 others, and ahead of Popular, Macro Bank, HDFC Bank and 66 others. On top material causes for Hong Leong Bank's industry (Banking), Hong Leong Bank performs poorly in Free, Secure Flow of Information (29.4 score). Hong Leong Bank did not receive an 'A' rating on any cause.
Impact
Cause 5819.KL
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Founded
1905
Employees
7,987
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Malaysia
Share classes
5819.KL
Description
Hong Leong Bank Berhad operates as a financial services company in Malaysia, Singapore, Hong Kong, China, Vietnam, and Cambodia. The company operates through Commercial Banking, Investment Banking and Asset Management, Insurance, and Other Operations segments. Its deposit products include current, savings, salary, SME current, foreign currency, and business flexi fixed and fixed deposit accounts, as well as fixed and premium deposits, and safe deposit boxes. The company also offers personal, property, auto, business cash, business auto, business mortgage, term, working capital, and onshore foreign currency loans; credit cards; share margin, loan, share, and mortgage financing services; letters of credit; and overdrafts and revolving credit facilities. In addition, it provides structured investments, unit trust, bonds, and foreign share trading services; and collection, shipping and bank guarantee, bankers' acceptance, trust receipt, invoice financing, export credit refinancing, foreign/domestic bills of exchange purchased, advance against trade, ebroking, remittance, and wealth and cash management services. Further, the company offers motor, travel, home, life, personal accident, medical, card, investment linked, and safe deposit locker insurance products; payments, merchants, and online banking services; and agent and nominee, and ATM services, as well as invests in and manages properties. The company operates approximately 250 branches. The company was formerly known as MUI Bank Berhad and changed its name to Hong Leong Bank Berhad in January 1991. The company was founded in 1905 and is based in Kuala Lumpur, Malaysia. Hong Leong Bank Berhad is a subsidiary of Hong Leong Financial Group Berhad.
Material causes
Ethos considers the following causes material for Hong Leong Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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