Malaysia
Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid
Up to five licences will be granted to either conventional or Islamic banks.
Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid
Up to five licences will be granted to either conventional or Islamic banks.
Chart of the Week: Malaysian card payments to hit $81b by 2023
The interchange fee cap and adoption of new financial tech is helping reduce cash reliance.
Malaysian banks' net profit to grow 4.8% in 2020: report
But NIMs are expected to taper off a further 3bps over the period.
CIMB allots $730m for corporate sustainable loans
Borrowers will receive interest rate rebates upon reaching pre-agreed targets.
Malaysian SMEs complete UOB-backed digitisation programme
It is expected to improve their productivity by up to 30%.
Malaysia's loan growth slows to 3.2% in October
Loan applications slimmed by 1.1% in the same month.
CIMB allocates $12m for micro SMEs
Micro SMES may received financing of up to $11,991.
Malaysia's central bank extends maximum tenor of repo to 5 years
This expands the previous deadline of only one year.
Malaysia's Islamic banks pull ahead of Indonesia in the digital curve
CIMB Group has pledged to invest $477m over the next five years to strengthen its digital platforms.
Malaysian banks still struggle with sluggish loan growth
Loans grew by just 3.8% in September amidst persistent weakness in business loans.
Will swelling private sector debt threaten Malaysian banks?
Private sector debt as a share of GDP is tipped to hit 153% by end-2019.
Malaysia mulls merger of four development institutions
The move is expected to boost efficiency.
Malaysian banks' bad loans hit 1.61% in August
On an absolute basis, gross impaired loans rose to $80m.
CIMB invests $23.85m to finance renewable energy for Malaysian SMEs
It will provide SMEs 100% funds to install solar photovoltaic systems.
Malaysian banks hit by tepid loan growth
Loans grew by just 3.9% in August and loan applications shrunk 3.7%.
Will property stress threaten to undo Malaysia's banking resilience?
Unsold housing stock may pressure asset quality.
Alliance Bank, CGC grants up to $240,000 to Malaysian SMEs
The portfolio guarantee agreement has a tranche size of $72.01m.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
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