Malaysia
RHB unveils corporate debit card to reduce cheque and cash payments
The initiative is meant for business payments made to government agencies.
RHB unveils corporate debit card to reduce cheque and cash payments
The initiative is meant for business payments made to government agencies.
Malaysian banks' 2018 net profit growth slows to 7.2%
This is compared to a stronger 13.0% in 2017.
CIMB approves Malaysian banks' interest rate hike
The bank believes it is well-equipped to implement the rate growth.
Digitalisation in Malaysian banks creates 4,500 new jobs
New opportunities are focused on automation and IT.
RHB Banking Group names Dr Arup Raha as chief economist and head of research
He will succeed Lim Chee Sing who retired in June 2017.
CIMB adds retirement planning to insurance solutions
This is through a partnership with Sun Life Malaysia.
What provisions will trend post-MFRS 9 implementation?
Malaysian banks adopted the new standard on January 1, 2018.
Malaysian banks' credit growth hits 5.5% in Nov 2017
It compensated for the sluggish 3.9% industry loan growth.
Malaysian banks' earnings growth to slip to 6.5% in 2018
It's a steep decline from the 13.4% profit growth in 2017.
Malaysian banks' core net profit forecast to grow 5.8% in 2018
Earnings growth could taper off next year.
Chart of the Week: Malaysian banks' business deposits vs individual deposits growth
More than a third of total deposits are business deposits.
AmBank's total income up 2.3% to US$477m
Thanks to higher net interest income and improved NIMs.
Malaysian banks' loan growth slows to 4.6% in October
But household loan growth sustained its upward momentum.
Malaysian banks' gross impaired loans ratio stable at 1.67%
GIL ratios were stable across most asset classes.
CIMB receives regulatory sandbox approval for e-KYC
It's the first Malaysian bank to receive such an approval.
Malaysian banks' bond issuances up 26% to US$4.3b in September
Issuances for the first nine months of 2017 hit US$20.3b.
Malaysian banks' total loans post weaker growth of 5.2% in September
Blame it on sluggish business loans growth.
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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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