2.40
-0.41%
Close of 6 Nov 2026, in SGD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Hong Leong Finance
Its shares trade on SGX under the ticker S41.SI. It has been listed since 10 July 1981. In the fiscal year to 31 December 2024, it reported revenue before interest expense of SGD 601.5m and net income of SGD 104.1m. At that date it held total assets of SGD 14.63bn and shareholders' equity of SGD 2.11bn.
Hong Leong Finance Ltd. engages in the provision of financial solutions. The company employs 640 full-time employees The firm's principal activities are those relating to financing business and provision of corporate advisory services. Its business is taking of deposits from the public and provision of a suite of financial products and services that include consumer and corporate loans, and corporate advisory services. Its financial products and services also include deposits and savings, government assistance programs for small and medium enterprises (SMEs). The SME loans include commercial/industrial property loan, equipment financing/refinancing, medical asset financing, micro loan program, revolving working capital finance, trade finance and vessel financing. Its corporate finance includes equity fund raising and corporate advisory. Its deposits include business current account, fixed deposits, savings accounts and savers plus. Its personal loans include car loan (new and used cars), private housing loan and share financing.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Consumer Finance
- Listed since
- 10 Jul 1981
- Employees
- 640
- Website
- hlf.com.sg ↗
Leadership
Pay as last reported
- Mr. Leng Beng KwekExecutive Chairman of the Board, Managing Director, since 1979SGD 3.0m
- Mr. Tang Chor AngPresident
- Ms. Poh Nguok YeoChief Financial Officer, Executive Vice President
- Mr. Chris TanSenior Vice President - Credit Control, Corporate Finance and Operations Re-Engineering
- Mr. Andrew LowSenior Vice President - Human Resources
- Mr. Wei Leon LimSenior Vice President - Transformation and Innovation
- Ms. Guat Hong PehSenior Vice President - Corporate and Consumer Business
- Mr. Nam Chie SiaSenior Vice President - Risk Management, Legal and Compliance
- Ms. Pauline TanSenior Vice President - Operations
- Mr. David ThongSenior Vice President - Shared Services, since 2023
- Mr. Jeffrey TohSenior Vice President - Corporate and Consumer Business
- Ms. Siew Ping NgJoint Company Secretary, since 2018
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 30
- Environment
- 12
- Social
- 38
- Governance
- 42
- Energy emissions (scope 2)
- 900 t
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Hong Leong Finance Ltd possesses several strengths that contribute to its success in the market. Firstly, it enjoys a strong brand reputation, built over several years of providing reliable financial services. This positive image helps in creating trust among customers and attracting new ones. Additionally, the company has an extensive branch network, allowing easy accessibility for customers seeking financial solutions. This widespread presence provides a competitive advantage over smaller or less-established competitors.
- Hong Leong Finance Ltd also benefits from a diverse product portfolio, offering a range of financial services including savings accounts, loans, fixed deposits, and more. This versatility allows the company to cater to the varied needs of its customers and generate multiple revenue streams. Furthermore, the company has a strong focus on customer service, providing personalized assistance and guidance to clients. This commitment to customer satisfaction enhances loyalty and encourages customer retention.
Weaknesses
- Despite its strengths, Hong Leong Finance Ltd faces certain weaknesses that may pose challenges for the company. One such weakness is its relatively smaller market share compared to larger financial institutions. This may limit the company's ability to negotiate favorable terms with suppliers or attract high-value customers. Moreover, the company may face constraints in terms of technological advancements. Outdated systems or limited digital capabilities may hinder operational efficiency and inhibit the ability to adapt to rapidly evolving market trends.
- Another weakness lies in the company's dependence on traditional brick-and-mortar branches. In an era of increasing digitalization, Hong Leong Finance Ltd may struggle to reach tech-savvy customers who prefer online banking and fintech platforms. This limited digital presence could result in missed opportunities for growth and expansion in the fast-paced digital banking landscape.
Opportunities
- Hong Leong Finance Ltd can capitalize on several opportunities existing within the financial services industry. Firstly, the company can leverage its strong brand reputation and extensive branch network to expand its presence within local communities. By establishing relationships with small businesses and individual customers, Hong Leong Finance Ltd can gain a competitive edge and increase its market share.
- Furthermore, there is a growing trend towards mobile banking and digital financial solutions. Hong Leong Finance Ltd can seize this opportunity by investing in technology infrastructure and enhancing its digital services. By providing user-friendly mobile apps, online banking platforms, and innovative fintech solutions, the company can attract a broader customer base, including the tech-savvy younger generation.
Threats
- Hong Leong Finance Ltd faces certain threats in the financial industry that may impact its performance. One significant threat is the presence of strong competitors, both traditional banks and emerging fintech companies. These competitors may offer more advanced digital banking solutions, more attractive interest rates, or superior customer experiences, making it challenging for Hong Leong Finance Ltd to retain and attract customers.
- Additionally, regulatory changes and compliance requirements pose a threat to the company. Ongoing amendments in financial regulations may necessitate costly adjustments to operational processes, thus affecting profitability. Economic fluctuations, interest rate changes, and geopolitical risks can also impact the company's financial performance, as these factors are beyond its control.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.