Malaysia
RHB Bank profit up 16% to $281.83m in H1
Half-year earnings were boosted by net fund based and non-fund based income.
RHB Bank profit up 16% to $281.83m in H1
Half-year earnings were boosted by net fund based and non-fund based income.
Maybank profit up 18.1% to $474.97m in Q2
Lower impairments and expenses boosted quarterly earnings.
RHB Bank to roll out digital loan application platform
It has tapped on fintech iMoney and credit information bureau RAMCI.
Hong Leong Bank enables merchants to accept WeChat Pay
HLB customers can now bind their debit cards into the Chinese e-wallet system.
AMBank profit up 5.9% to $84.93m in Q1
Expenses fell 7% to $125.19m amidst the bank’s efficiency programme.
Chart of the Week: Malaysian banks bad loans down to 1.59% in June
Banks shed bad loans in construction and working capital.
Malaysia Public Bank profit up 4.8% to $341.84m in Q2
Its Islamic banking unit performed strongly.
Malaysian banks loan growth remains dismal at 5% in June
Working capital loans failed to recover fast enough.
Chart of the Week: Will the HSR cancellation dampen Malaysian banks' loan growth?
The downturn may even offset the strong performance of household loans.
Here's why the abolition of good and services tax is positive for Malaysian banks
The move might offset pressure on construction loans following the cancellation of the High Speed Rail last May.
MUFG Bank (Malaysia) Berhad appoints Goh Kiat Seng as executive vice president and co-head of global corporate banking in Malaysia
Goh joined the bank on 12 July from Standard Chartered Bank Malaysia.
Chart of the Week: Malaysian banks' bad loans down to 1.6% in May
Consumer gross impaired loan ratio has plunged to a historical low of 1%.
Malaysian bank lending posts dismal growth at 4.9% in May
Working capital loans remained weak.
Malaysian banks waive fees for interbank fund transfers
The move aims to accelerate the country’s cashless transition.
RHB Bank waives instant transfer fees on online platform
Individuals and SMEs will no longer have to pay $0.12 for payments up to $1,241.48.
Malaysian bank loan growth to hit 7% in 2018
However, policy uncertainty over new leadership may dampen sentiment.
Hong Leong Bank's mobile game scores eager following
It is amongst the top trending arcade games on Google Play Store.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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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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