Malaysia
Maybank's first quarter profit up 25% to $409.4mn
Yet the lender is still cautious of weakening global economic conditions which could signal rough times ahead.
Maybank's first quarter profit up 25% to $409.4mn
Yet the lender is still cautious of weakening global economic conditions which could signal rough times ahead.
OCBC Bank issues loans to acquire Australian properties
OCBC Overseas Property Financing-Australia is also a ringgit-based loan.
CIMB Group’s net profit reaches RM1b in 3Q11
This is 10.5% above its 3Q10 net profit of RM916 million.
AIA AFG Takaful to open 3 branches in 2012
AIA AFG Takaful Bhd plans to set up three branches next year, its chief executive officer Wan Azman Wan Mamat said.
Public Bank to invest in Malaysian growth stocks
Public Bank will invest in a diversified portfolio of primarily local equities to achieve capital growth over the medium- to long-term period through its new equity fund, PB Growth Sequel Fund.
Maybank’s net profit jumps 25% to RM1.29b in 1Q11
As overseas loans surged 41.4% led by Singapore and Indonesia.
CIMB eyes issuing 1mn new Debit Mastercards
ABM expects debit card usage to grow by up to 70% this year.
Malaysia's Exim Bank eyes 40% of RM1B loan applications from SMEs
Export-Import Bank of Malaysia expects 40 per cent of its targeted loan applications worth RM1 billion for this year to come from the small medium entrepreneurs.
Voluntary Separation Scheme available for HLB, MIMB employees
Hong Leong Bank is offering a voluntary separation scheme to all permanent employees of the bank and MIMB Investment Bank.
Bank Muamalat opens branch in rapidly growing Besut district
Bank Muamalat opened a branch in Taman D Lahar, Kota Putera, in Besut district.
Ambank launches AmConstant Multi Maturity 2
AmInvestment Bank Group has launched a four-year close-ended fund that caters to investors looking for regular income and capital preservation.
India's Andhra Bank to start operations in Malaysia
India's Andhra Bank plans to start operations in Malaysia by as early as next month, according to a report citing the bank’s chairman and managing director R Ramachandran.
CIMB's new product allows clients to trade shares online
CIMB Bank launched its CIMB Trader Deposit Account, a combination of savings deposit with a securitised direct share trading account that allows customers to trade online in any security listed on Bursa Malaysia.
Takaful Malaysia pays RM578,000 profit-sharing to university
Takaful Malaysia paid Mudharabah profit-sharing totalling RM578,000 to Universiti Kebangsaan Malaysia for their Group Takaful Scheme.
MAS lifts penalty on DBS bank for online disruption
The penalty imposed on DBS Bankby the Monetary Authority of Singapore for the disruption to its online and banking systems in July has now been lifted.
Hong Leong Islamic appoints Raja Teh Maimunah as CEO
She has over 18 years of experience in the financial industry and was the Global Head of Islamic Markets at Bursa Malaysia.
SME Bank approves 62% more loans
SME Bank approved loans totalling RM1.3 billion in September this year, said managing director Datuk Mohd Radzif Mohd Yunus.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with