Media OutReach
9MFY25 Results: Hong Leong Bank Delivers Solid Business Performance
The Bank is confident that the Malaysian economy will remain resilient amidst the ongoing external headwinds
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 May 2025 – Hong Leong Bank Berhad (“Bank” or “HLB”), (BM: HLBANK) today announced its results for the nine months ended 31 March 2025 (“9MFY25”).
- New milestones achieved with total asset and gross loans/financing crossing the RM300 billion and RM200 billion mark for the first time respectively.
- Operating profit before allowances for 9MFY25 grew 13.2% y-o-y to RM2,924 million.
- Non-interest income for 9MFY25 improved by 34.1% year-on-year (“y-o-y”) to RM1,115 million.
- Upholding solid asset quality metrics as reflected by low Gross Impaired Loan (“GIL”) ratio of 0.57%.
Kevin Lam, Group Managing Director and Chief Executive Officer of HLB commented, “We are confident that the Malaysian economy will remain resilient amidst the ongoing external headwinds, whilst at HLB, we focus on the execution of the 3-5 Year Transformative Plan to deliver sustainable results to our stakeholders. With that, we are pleased to announce that our business performance thus far has been commendable underpinned by solid loans/financing growth, strong non-interest income contribution and healthy asset quality.
For 9MFY25, we have recorded a healthy profit before associates’ contribution of RM3,311 million underpinned by topline expansion, disciplined cost management and release of management overlay allowance (“MOA”). Excluding the release of MOA, our financial performance is still robust with normalised profit before associates’ contribution increasing 9.2% y-o-y, demonstrating the positive outcomes of the building blocks that were put in place.
The strong growth momentum of gross loans and financing continues with 7.2% y-o-y expansion to RM201.2 billion, achieving a new milestone of crossing RM200 billion. This was contributed by expansion in our mortgage, auto loans, SME and commercial banking segments as well as key overseas markets. In view of the persistent global uncertainties, it is our utmost priority to maintain the solid asset quality with a healthy GIL ratio of 0.57%. In addition, we remain resilient and are well-positioned to continue support our customers in their personal and business endeavours.”
Commendable Underlying Performance
- Total income for 9MFY25 continued to see promising growth of 11.3% y-o-y to RM4,778 million, driven by expansion in loans/financing portfolio and improved non-interest income contribution.
- Net interest income for 9MFY25 was recorded at RM3,663 million, increasing 5.8% y-o-y, underpinned by strong loans/financing growth and effective funding cost management. Accordingly, net interest margin (“NIM”) was up 5bps y-o-y to 1.90%.
- Non-interest income for 9MFY25 maintained the notable improvement of 34.1% y-o-y to RM1,115 million. This was attributed to the encouraging performance in the wealth management business and GM franchise sales alongside the higher treasury and foreign exchange gain.
- Operating expenses for 9MFY25 remained well managed at RM1,854 million with positive JAWS being attained contributed by strategic cost management initiatives. Accordingly, CIR was sustained at 38.8%.
- Profit contribution from associates for 9MFY25 stood at RM1,099 million. During the financial period, there was also a one-off non-cash loss of RM408 million, largely attributed to the natural dilution of HLB’s stake in its associated company, Bank of Chengdu Co., Ltd (“BOCD”) following the completion of its convertible bonds conversion into new ordinary shares, which resulted in an increase in BOCD’s total issued share capital.
- Correspondingly, profit before tax and profit after tax stood at RM4,002 million and RM3,185 million respectively. Excluding the release of MOA and dilution loss, profit after tax would have improved 4.0% y-o-y to RM3,289 million.
Robust Growth in Loans/Financing
- Gross loans, advances and financing grew 7.2% y-o-y to RM201.2 billion, driven by expansion in our key segments of mortgage, auto loans, SME and commercial banking as well as key overseas markets.
- Domestic loans/financing increased 7.1% y-o-y, ahead of the industry growth rate of 5.3%.
- Residential mortgages expanded 5.8% y-o-y to RM99.1 billion, led by a healthy loans/financing pipeline. Transport vehicle loans/financing growth remained robust at 10.9% y-o-y to RM23.5 billion, underpinned by the Bank’s strategic initiatives to strengthen dealer coverage.
- Loans to domestic business enterprises increased 6.5% y-o-y to RM65.6 billion. Fuelled by our dedicated efforts in customer acquisition and cross-selling, loans/financing to SMEs were higher by 6.8% y-o-y to RM38.2 billion, while our community banking initiative within the SME segment increased 10.1% y-o-y. In this uncertain environment, we remain proactive in engaging our clients and provide the necessary personalised support.
- Loans from overseas operations grew 8.1% y-o-y, on the back of solid growth of 12.6% and 11.1% in Singapore and Vietnam respectively.
Solid Funding and Liquidity Positions
- The Bank remains prudent in its funding and liquidity positions to strengthen resilience and stability, with loans to deposits ratio (“LDR”) of 87.9% as at 31 March 2025. Both the daily average for the quarter and rolling 12 months average liquidity coverage ratio (“LCR”) stood at 133%, sufficiently above regulatory requirements.
- Customer deposits for 9MFY25 rose 5.9% y-o-y to RM225.0 billion with CASA expanding 5.0% y-o-y to RM68.3 billion. The Bank’s CASA ratio stood at 30.4% supported by the Banks’ strategic focus in community deposit acquisition and customer centric cash management solutions.
- The Bank’s individual deposit portfolio expanded 7.5% y-o-y to RM118.2 billion as of 31 March 2025 with a consistently solid individual deposit mix of 52.5%, reflecting the Bank’s effort to maintain a stable funding base.
Healthy Asset Quality and Capital Positions
- The Bank continues to place significant emphasis on maintaining solid asset quality position with a low GIL ratio of 0.57%.
- LIC ratio stood at 95.0% as at 31 March 2025, as we maintain sufficient coverage through securities and regulatory reserves. Inclusive of the value of securities held on our GIL, the Bank’s LIC ratio is well positioned at 165.0%, whilst with regulatory reserve, the coverage ratio is higher at 250.0%.
- Capital position of the Bank remained healthy with CET 1, Tier 1 and Total Capital ratios at 12.8%, 13.7% and 15.7% respectively as at 31 March 2025.
HLB’s Landmark Strategic Alliance with Lombard Odier
- In a move that underscores a shared vision for responsible and forward-thinking wealth management for generations ahead, HLB is entering into a Strategic Alliance with Lombard Odier, a leading global wealth and asset manager with over 220 years of heritage.
- Under this strong alliance, HLB Regional Wealth Management will offer clients a sophisticated and personalised experience, combining Lombard Odier’s global perspectives from its Chief Investment Officer with the Bank’s local market insights. This will include enhancing the bespoke wealth management solutions offered by HLB Private Bank, providing a comprehensive understanding of investment opportunities and tailored strategies for generational growth.
- Beyond investment expertise, HLB clients are able to access comprehensive wealth architecture and bespoke advisory services focused on their individual goals, ensuring tailored solutions for wealth preservation and transfer, including succession planning and sustainable investments.
Redefining Branch Banking with New Community Branch Concept
- In line with its vision of being a “Digital Bank Plus Much More” and creating a powerful synergy of digital convenience and genuine human connection, HLB has launched its innovative Meet @ HLB branch concept in Eco Majestic, Semenyih.
- This initiative is a vital part of the Bank’s broader branch transformation strategy, where it looks to strategically evolve its physical network to better serve its diverse customer base.
- Meet @ HLB provides customers with convenient access to ATMs, retail banking, and cash deposit machines in areas which are further away from HLB’s branches. The branch is open from 12:30 pm to 7:00 pm, including weekends, which allows customers to conveniently integrate their banking needs around their busy schedules.
Delivering Memorable Experiences and Supporting Creative Industries
- HLB is delighted to be the presenting sponsor for G-Dragon’s highly-anticipated Übermensch world tour in Kuala Lumpur, exclusively organised by Tencent Music Entertainment (“TME”), which will take place on 19 & 20 July 2025 at Axiata Arena.
- This is aligned with the Bank’s commitment to offer its valued cardholders with unparalleled experiences and rewards, providing HLB cardholders with early access privileged and VIP opportunities.
- On a separate note, HLB has also announced a three-year strategic partnership with the Malaysian International Film Festival (MIFFest), underscoring its commitment to supporting and developing the creative industries, while fostering unity and understanding through a diverse range of films and narratives.
- With MIFFest being a pivotal platform for showcasing cinematic excellence and fostering cultural exchange, HLB aspires to not only connect with a diverse tapestry of audiences, but also serve as a catalyst for the continued growth of creative industries.
Best in Malaysia for Sustainable Energy Financing
- As HLB strengthens its focus on sustainability and supporting Malaysia’s transition towards a robust circular economy, the Bank has received the award for Best Domestic and Islamic Bank for Sustainable Energy Financing 2024 at the National Energy Awards, a third win for HLB at these awards.
- This comes as HLB recently launched its Sustainable Finance Framework (SFF), which aims to mobilise RM20 billion in support of projects in renewable energy, energy efficiency, green building, affordable housing, clean transportation, and waste management over the next five years.
- HLB has made significant progress in its sustainable financing portfolio. As of December 2024, the Bank has recorded RM15.4 billion in outstanding green building and affordable property financing, RM3.6 billion in approved renewable energy financing, and RM1.4 billion in outstanding green car loans.
- The Bank has also achieved a 23% decrease in operational carbon emissions since 2019, as it works towards achieving total net zero greenhouse gas emissions by 2050.
Driving Excellence in Islamic Banking
- Hong Leong Islamic Bank (“HLISB”) has been named Best Islamic Retail Bank in Malaysia at the Islamic Finance News (“IFN”) Best Banks Poll 2024, solidifying its position as Malaysia’s premier retail bank for Islamic and Shariah-compliant banking.
- In FY2024, HLISB recorded a 13% y-o-y increase in profit (before zakat and taxes), boosted by a 17% rise in individual deposits. HLISB also recorded an 11% y-o-y growth in its retail financing portfolio, leading to a 10% increase in retail deposits.
- HLISB’s recent growth in retail banking can be attributed largely to its seamless and comprehensive digital banking experience, which includes its fully-digital account onboarding experience and an end-to-end digital banking ecosystem.
- The Bank has also launched its HLB Wallet-i e-wallet, which allows customers to save, spend, and manage their finances across different currencies and geographies, including allowing customers to withdraw money across different currencies using the same debit card.
Business Outlook
Kevin Lam commented, “We maintain a cautiously balanced outlook for the Malaysian economy this year, driven by sustained private consumption amid a still healthy labour market, and anticipation for further realisation of investment projects. Nonetheless, we acknowledge the presence of global uncertainties, particularly those stemming from evolving tariffs policies and negotiations, as well as policy responses from major central banks that could potentially influence the final growth outcome, even as resilient domestic demand is expected to provide a buffer against external headwinds.
In our journey to be the best-run bank in Malaysia, we have found our rhythm and remain focused on executing the strategic initiatives of our 3-5 Year Transformative Plan. This journey of continuous improvement is fundamentally about our unwavering commitment to support our customers for the long term. By leveraging our strengths in technology and AI, we will create innovative banking solutions that resonate with our customer across all touchpoints, solidifying our brand promise of “Built Around You”.
To drive growth in our core business and build a strong ASEAN franchise, we will continue to enhance our digital capabilities, leverage strategic alliance with best-in-class global partners, as well as empower our people to reach their greatest potential and excel in this dynamic business environment. Driven by our carbon-neutral ambition, the Bank will proactively integrate environmental, social, and governance (“ESG”) strategies and practices into our own business operations, while actively collaborating with stakeholders to achieve significant, positive impact.”
Hashtag: #HongLeongBank #HLB
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Beyond Balance: The Next Regime
HONG KONG SAR – Media OutReach Newswire – 13 January 2026 – Today, KGI has released its 2026 Global Market Outlook, covering markets in the US, Mainland China, Hong Kong, Taiwan, and Singapore.
After a turbulent year of trade disruptions and policy uncertainty under President Trump, investors face new questions. China has unveiled its 15th Five-Year Plan, as policymakers aim to support domestic growth amid global challenges. The market outlook for 2026 is shaped by interest rate decisions, economic resilience, and shifting international dynamics.
Under this backdrop, we propose the “LEAD” strategy for 2026:
- Liquidity Shift
- Earnings Focused
- Adding Credit
- Diversified Assets
Cusson Leung, Chief Investment Officer at KGI, says: “Looking ahead to 2026, investors can adopt a LEAD strategy: L stands for Liquidity Shift, benefiting from a weakening US dollar and interest rate cuts, with funds expected to flow to non-US dollar and Asian currencies; E stands for Earnings Focused, focusing on earnings growth to support valuations and allocating to US, European, and Japanese stocks; A stands for Adding Credit, locking in the credit of leading companies and increasing holdings of A-rated investment grade bonds; and D stands for Diversified Assets, responding to the upward trend in both stocks and bonds by including alternative assets to optimize asset allocation.”
Macro & US Markets
The US economy will experience a more pronounced downturn in 4Q25, which will extend into 1H26, and this will have a negative impact on consumption, slowing investment activity. Nevertheless, AI-driven productivity gains should provide some support, with US GDP growth in 2026 forecast at 2.2%. The eurozone will see moderate growth, with Germany benefiting significantly from fiscal expansion and economic improvement. Japan’s economy will strengthen on domestic demand, aided by additional fiscal stimulus. China has demonstrated resilience under trade protectionism in 2025. With inflation risks easing and labor market risks rising, the US Fed cut the interest rates in September 2025, with a total reduction of 75 bps in 2025, followed by an additional 50-75 bps in 2026.
Regarding US stocks, AI-driven productivity gains and cost reductions should sustain solid profitability, with S&P 500 earnings projected to grow by 13.55% year-on-year (YoY) in 2026. However, higher risk premiums may cap valuation upside, leading us to project a year-end target of 7,650 points. Market performance will reflect risk-driven declines in 1Q26, stabilize and recover in 2Q26, and rally significantly around the midterm elections in 4Q26. By sector, among AI-related themes we favor technology, semiconductors, utilities (on higher power demand), machinery for advanced manufacturing, and industrial REITs. Non-AI beneficiaries include aerospace and defense (on higher military spending), pharmaceuticals (on tariff benefits), and capital market segments (supported by active investment banking). As for fixed income, US economic weakness and Fed rate cuts will drive Treasury yields lower, with 10-year yields expected to fall to 3.5-3.7% by 2Q26. We recommend allocating to US Treasuries or high-rated investment-grade corporate bonds in 1H26, then rotating into high-yield bonds in 2H26 as policy rates and economic conditions reach a bottom.
James Chu, Chairman at KGI Securities Investment Advisory, says: “AI is triggering a new productivity revolution, supporting economic growth and strengthening corporate earnings. While the US economy is expected to slow, a recession remains unlikely, and the short-term impact of tariff policies should gradually fade by the first quarter of 2026. Although the Fed may shift from cutting rates at every meeting to cutting at alternating meetings, the overall environment remains a rate-cutting cycle. In a non-recession backdrop, lower interest rates should continue to support equity market performance.”
Mainland China and Hong Kong Markets
In terms of the macroeconomy, with the conclusion of trade agreements among many countries, risks have subsided. However, due to external drag, China’s GDP growth is expected to slow slightly to 4.6% in 2026. In 2026, investors should focus on four key areas for Hong Kong and mainland China markets: (1) In the consumption sector, domestic demand continued to be the core growth driver, contributing more than half of GDP. As the “trade-in” effect diminishes, the central government is expected to implement the “15th Five-Year Plan” and economic conference plans, launching a new round of subsidies covering culture, entertainment, and sports to continuously boost consumer spending. (2) In the financial market, risk appetite has increased. Given the narrowing spread between bond yields and fixed deposit rates, large amounts of savings are flowing into the capital market seeking returns. The fundamentals of the banking and insurance industries have bottomed out, and the credit structure is accelerating its shift from real estate to supporting the real economy. (3) Regarding the issue of “anti-involution,” the PPI remains weak, and capacity reduction has become a focus. Compared to 2015, this round involves more downstream private enterprises and needs to consider employment, presenting greater challenges. While industry consolidation is expected to be lengthy, the impact is controllable and beneficial for long-term healthy development. (4) Regarding new quality productive forces, this will replace real estate and infrastructure as the main investment focus. Digital infrastructure supports AI and embodied intelligence, and humanoid robots are expected to see commercialization in 2026, “iPhone moment.” Leading companies with core technological autonomy in innovative drugs will enjoy higher valuation premiums.
Overall, we are optimistic on Hang Seng Index. We expect the Federal Reserve’s interest rate cuts to drive fund inflows to the Hong Kong and mainland stock markets. Based on an upward revision of the forward PE ratio to 13.5x and 8% earnings growth, we set a target of 30,000 points for the Hang Seng Index by the end of 2026, representing a potential upside of approximately 14%. As confidence recovers, the investment style is expected to shift from defensive to growth stocks. Recommended 12 stocks: XPeng Motors (9868), UBTECH (9880), Tencent Holdings (700), Alibaba (9988), China Hongqiao (1378), AIA Group (1299), Ping An Insurance (2318), China Merchants Bank (3968), Akeso Biopharma (9926), Pop Mart (9992), Tencent Music (1698), and Sino Land (83).
Cusson Leung, Chief Investment Officer at KGI, says: “2026 marks a crucial turning point for the Chinese economy. While the market anticipates GDP growth to slow to 4.6%, “new quality productive forces,” resembling humanoid robots, is taking over as a new growth engine. The most critical signal in the market is the “awakening” of idle cash—massive savings are flowing from low-interest fixed deposits to the capital market seeking returns. With risk appetite returning and policy support intensifying, now is the time to shift investment strategies from “defensive” to “growth.” Driven by both valuation repair and earnings growth, we are optimistic that the Hang Seng Index will reach 30,000 points, and the allocation value of Hong Kong and mainland China stocks has reappeared.”
Taiwan Market
Compared to the dot-com era bull run, which lasted almost five years, the current AI frenzy has been around for about three years, suggesting that the uptrend is still in its middle phase and could extend through 2026.
AI plays are trading at high PEs, such valuations are backed by strong fundamentals. In fact, the PEG ratio of Taiwan’s AI supply chain has yet to surpass 1x. We estimate that aggregate earnings of AI plays will grow by 21% YoY in 2026, following impressive upticks of 35% in 2024 and 43% in 2025. AI stocks now account for more than 60% of TAIEX earnings, and with the ongoing AI arms race, overall TAIEX earnings growth is projected to accelerate from 14% in 2025F to 20% in 2026.
Although the AI frenzy should keep the bull market intact, volatility will rise in tandem due to: (1) substantial cumulative gains, and the fact that valuations are approaching historic highs; (2) policy and political uncertainty surrounding the US midterm elections; and (3) potential changes in the US Fed’s rate-cut pace. We expect the TAIEX to repeat a “smile-curve” pattern, featuring continued strength in 1Q26, followed by healthy corrections in 2Q-3Q26 before closing the year with a renewed upswing.
We think investors need to pay attention to two major themes. The first is a broad-based product spec upgrade trend across the AI supply chain, which will drive the industry into a new growth phase, with beneficiaries including foundries, GPU and ASIC designers, advanced packaging (such as CoWoS), and ODMs, as well as testing interfaces, memory, thermal solutions, CCL, ABF substrates, PCBs, switches, and power component suppliers amid strong AI computing demand and ongoing GPU platform upgrades. The second is diversification and defensive asset allocation. Innovations in consumer electronics, such as foldable iPhones and smart wearables, will provide growth opportunities, while companies with resilient domestic demand and stable high dividend yields offer a balanced strategy combining growth and income. Overall, investors should strike a balance between growth and resilience against volatility in their portfolios, in the face of market fluctuations.
James Chu, Chairman at KGI Securities Investment Advisory, says: “The solid earnings growth driven by AI and still reasonable valuations form a strong foundation for the ongoing bull market in Taiwanese equities. With AI adoption accelerating across enterprises and consumers, demand for computing power is rising rapidly. Yet supply remains constrained by chip and power bottlenecks, meaning hardware suppliers are likely to face continued shortages through 2026. Taiwan’s AI supply chain is set to remain a key beneficiary, particularly those tied to next-generation specification upgrades.”
Singapore Market
In 9M25, the overall performance of Singapore’s economy was better than expected as the global trade tensions eased after the US pivoted on its reciprocal tariffs and reached deals with its major trading partners. The manufacturing, wholesale trade and finance & insurance sectors remained the growth pillars of the Singapore economy, and each sector delivered decent growth. In particular, manufacturing’s growth has been robust, driven by the electronics, transport engineering and biomedical manufacturing clusters. The full year outlook is upbeat, as the growth momentum shall continue till the end of the year.
Looking ahead, the global economic outlook for 2026 suggests slower GDP growth for most of Singapore’s key trading partners, including China and the Eurozone, largely due to the impact of US tariffs, which will temper demand for Southeast Asian exports, though US growth is expected to remain resilient from AI investment. Consequently, Singapore’s outward-oriented sectors, particularly manufacturing and trade-related services, are projected to expand at a slower pace than in 2025, although the electronics and related sectors will benefit from AI demand, while some precision engineering and biomedical output may moderate domestically, the construction sector is set to grow, but consumer-facing sectors are likely to remain subdued. However, the relatively low interest rates and continuous government support shall buffer the impact of the slowdown, and the capital market will still benefit from the upward re-rating catalysts.
Chen Guangzhi, Head of Research at KGI Singapore, says: “Thanks to trade de-escalation and the AI wave, Singapore experienced significant economic expansion in 2025. Proactive government initiatives turbo-charged the equity bull run, and this strong momentum is expected to deliver an optimistic economic outlook for 2026.”
Hashtag: #KGI #MarketOutlook
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KGI
KGI* has been a leading financial institution in Asia since 1997. Our scope of business encompasses wealth management, brokerage, fixed income, and asset management. We are committed to offering a comprehensive range of financial products and services to corporate, institutional, and individual clients throughout Asia. Backed by KGI Financial Group, we have a robust footprint in Asia, covering Taiwan, Hong Kong, Singapore, Indonesia, and Thailand^.
*KGI refers to KGI Asia Limited and its affiliates.
^an investee enterprise of KGI Securities, not a subsidiary.
Representing an Increase of approximately 11.6%
HONG KONG SAR – Media OutReach Newswire – 13 January 2026 – BBSB International Limited (“BBSB” or the Company”, together with its subsidiaries, the “Group”; stock code: 8610.HK), an established civil engineering contractor in Malaysia, announces its successful listing on the GEM of The Stock Exchange of Hong Kong Limited (“SEHK”) today.
The closing price of BBSB’s shares was HK$0.67 per share. The highest share price of the day was HK$3.11 per share. On its first trading day, trading volume of the shares of BBSB reached approximately 120 million with a total turnover of approximately HK$180 million.
Lego Corporate Finance Limited is the Sole Sponsor. Lego Securities Limited is the Sole Overall Coordinator. Lego Securities Limited and Fortune Origin Securities Limited are the Joint Bookrunners and Joint Lead Managers.
Datuk Tan, Chairman of the Board and Executive Director of the Group, said, “The successful listing of the Group’s shares on the GEM of the SEHK today signifies a major milestone in the Group’s development, while also reflecting investors’ strong confidence in our business and future prospects. Looking ahead, we will continue to capitalise on our professional expertise in the civil engineering sector, actively seize development opportunities in Malaysia and other regions and remain dedicated to maximising value for our shareholders.”
Hashtag: #BBSB #IPO #Trading
The issuer is solely responsible for the content of this announcement.
BBSB International Limited
BBSB International Limited is a civil engineering contractor in Malaysia with over 16 years of experience, specialising in providing bridge engineering services for large-scale transportation infrastructure engineering projects owned or initiated by the government or government-linked companies in Malaysia. The Group has strategically expanded its civil engineering works to include flood mitigation works. The Group has participated in a number of notable transportation infrastructure engineering projects in Malaysia, such as Eastern Dispersal Link, Duta-Ulu Kelang Expressway, Damansara-Shah Alam Elevated Expressway and the SUKE Highway. The Group currently holds a CIDB Grade G7 qualification in Category CE (Civil Engineering Construction), Category B (Building Construction) and Category ME (Mechanical and Electrical) in Malaysia, which is the highest grade of contractor licence under the Construction Industry Development Board of Malaysia, allowing it to undertake civil and structural works of unlimited tender/contract value.
Media OutReach
Swiss-Belhotel International Strengthens Africa Portfolio with the Launch of The Gama by Swiss-Belhotel, Kilimani, Nairobi
Scheduled to open within the next 12 months, The Gama by Swiss-Belhotel, is strategically located in Kilimani, one of Nairobi’s most dynamic and sought-after districts. It features 155 well-appointed guest rooms, complemented by an extensive range of lifestyle and business facilities, including two food and beverage outlets, a fully equipped gym, a rooftop swimming pool, a dedicated ladies’ sauna, and expansive ballroom and meeting facilities.
Dr. Sheikh Mohamed Shakul, CEO of Albushra Real Estate Limited, said: “The Gama by Swiss-Belhotel represents a bold and future-focused development for Nairobi. Our vision was to create a modern hospitality and lifestyle destination that reflects the energy of the city while meeting the evolving expectations of today’s traveller. Partnering with Swiss-Belhotel International, with its global expertise and strong operational standards, ensures that this project will set a new benchmark in the market.”
Mr. Gavin M. Faull, Chairman and President of Swiss-Belhotel International, added: “The launch of The Gama by Swiss-Belhotel marks a significant milestone for our group as we introduce a new brand to our global portfolio. Africa continues to be a key focus market for Swiss-Belhotel International, and Nairobi, in particular, offers tremendous potential. This signing reflects our confidence in the city’s long-term growth and our commitment to delivering brands that are relevant, contemporary, and market-driven.”
Highlighting the strategic importance of the project, Mr. Laurent A. Voivenel, SVP – Operations & Development, EMEA and India, Swiss-Belhotel International, stated: “The Gama by Swiss-Belhotel has been carefully conceptualised to resonate with the next generation of travellers – those seeking authenticity, smart design, and social connectivity without compromising on comfort or service quality. This signing not only strengthens our footprint in Kenya but also underscores our broader expansion strategy across Africa and emerging markets.”
Hashtag: #swissbelhotel #swissbelhotelinternational #thegamabyswiss-belhotel #hotelkenya #hotelnairobi #kenya #nairobi
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