Republic Financial Holdings Limited (RFHL) announced today that the Group recorded profit attributable to its equity holders of $1.26 billion for the nine months ended June 30th, 2023.
RFHL Chairman Vincent Pereira said this represents an increase of $117.1 million or 10.2% over the $1.15 billion reported in the corresponding period of the last financial year.
Total assets stood at $114.4 billion on June 30th, 2023 – an increase of $1.43 billion or 1.3% over the total assets at June 2022.
Mr. Pereira said the Group’s performance for the third quarter of this fiscal year continued to be strong, boosted by sustained growth in loans and investment portfolios across all subsidiaries. He said both this growth and the stable or rising interest rate environments in most of RFHL’s operating countries contributed to overall increases in net interest income.