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Hong Leong Bank Bhd (XKLS:5819) Altman Z-Score


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What is Hong Leong Bank Bhd Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Hong Leong Bank Bhd (XKLS:5819) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Bank Bhd (XKLS:5819) » Definitions » Altman Z-Score
Comparable Companies
XKLS:1066 XKLS:1023 XKLS:1082 XKLS:1015 XKLS:1171 XKLS:2488 XKLS:5258 XKLS:5185 XKLS:1295 XKLS:1155 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
No.6, Jalan Damanlela, Level 30, Menara Hong Leong, Bukit, Damansara, Kuala Lumpur, MYS, 50490
Website
https://www.hlb.com.my
Hong Leong Bank Bhd is based primarily in Malaysia with a regional presence in other Southeast Asian countries, Hong Kong, and mainland China. The bank's strategy emphasizes technology while offering diverse financial products to its Islamic target base. Its services include personal financial services, business, and corporate banking, trade finance, treasury, branch and transaction banking, wealth management, investment banking, and Islamic financial services. A majority of the bank's earning assets are loans, advances, and financing. Net interest income constitutes the bulk of the bank's income generation. Most of its revenue is derived from personal financial services.