Malaysia
Bank Islam extends pawn broking business
Bank Islam opened another Ar-Rahnu Islamic pawn broking branch in Pasir Mas, Kelantan.
Bank Islam extends pawn broking business
Bank Islam opened another Ar-Rahnu Islamic pawn broking branch in Pasir Mas, Kelantan.
Malaysian banks to focus on non-interest income
Non-interest income business for the country's eight anchor banks seen to be about $5.91bn this year .
Maybank remains uninterested in RHB deal
RHB said a potential merger with Maybank or other lenders could be considered if valuations are right.
CIMB Niaga to offer Commidity Murabahah deposit
CIMB Niaga plans to roll out a new Syariah product, Commodity Murabahah deposit, possibly by end of this year.
Malaysian Mastercard holders spend US$68 M in one weekend of shopping
Malaysian MasterCard holders spent US$76.5 million in 909,518 transactions during the first weekend of the 1Malaysia Mega Sale Carnival 2011 from June 17 to June 19.
Malaysia mulls to add leniency to foreign banks’ expansion
Bank Negara Malaysia opened up a wider door for Southeast Asian banks to add number of branches.
M&A speculations still circulating around Malaysia’s banking sector
Hwang DBS Vickers Research said there is still room for Malaysian banks to consolidate after speculations that Alliance Financial’s major shareholders will sell their 29.1% stake surfaced.
Maybank advances Islamic banking development through collaborations
Malaysia's Maybank Islamic and Indonesia's Bank Syariah Mandiri will establish cross border collaboration in all Islamic treasury and trade finance matters.
Muamalat allocates RM56M for branch renovations/relocation
Bank Muamalat Malaysia Bhd has allocated about RM56 million to renovate or relocate its 56 branches.
Hong Leong seeks M&A in emerging markets
The lender seeks growth opportunities abroad as banking competition increases in Malaysia.
RHB still seeks for merger partner
RHB maintains interest in M&A even after Maybank and CIMB dropped the plan.
Bank Islam confident of maintaining growth momentum this year
Bank Islam expects to exceed the RM503 million profit growth recorded during the 18-month period ended Dec 31, 2010.
SRR hike no visible impact on banks' credit growth : OSK Research
The decision to raise the Statutory Reserve Requirement by 100 basis points to 4.00 per cent effective July 16, is unlikely to have any visible impact on the credit growth of banks, according to research.
SME Bank on target for RM1.5 B loan dispersal
SME Bank is on target to disburse RM1.5 billion in loans by year-end.
Bank Islam eyes 32 new branches by 2014
Bank Islam Malaysia Bhd plans to open 32 new branches by 2014 including in Sabah and Sarawak.
Malaysia's central bank raises SRR Ratio to 4%
Bank Negara Malaysia has raised the Statutory Reserve Requirement ratio from 3.0 % to 4.0 %.
Foreign Islamic banks asked to invest In Sabah
Sabah wants more foreign Islamic banks, especially from the Middle East, to invest in the state, said Chief Minister, Datuk Seri Musa Aman.
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