Hong Leong Finance (HLF) has once again secured its position on the prestigious The Banker’s Top 1000 World Banks Ranking 2020, rising by 27 spots from last year to its current 640th placing in the 2020 ranking. This is the third consecutive year that HLF is listed in the global ranking.

Singapore’s largest finance company attributed its higher ranking to the growth of 7.8% to US$1.33 billion in Tier 1 capital as at 31 Dec 2019, a measurement tool used by The Banker to map a financial institution’s financial strength. The Banker is an economic and financial report by one of the world’s leading global business publications, The Financial Times.

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