Malaysia

India International Bank Malaysia Bhd aims to record RM2.5 billion or US$785 million in loans and deposits in the next three years.

A Nielsen study revealed that 39% of Malaysian online consumers use credit cards as a common payment method for dining, shopping and entertainment activities.

A spate of high-profile robberies in the Klang Valley had Malaysian banks thinking of removing ATMs in malls, supermarkets, petrol and rail stations.

OCBC Al-Amin Bank launched Malaysia's first standalone seven-days-a-week Islamic day-and-night banking branches.

Maybank aims to attract US$10 million investment on its "Maybank Silver Investment Account" within the first year.

Hong Leong Bank will open 20 new branches for its new sub-brand, Mach by Hong Leong Bank, in the next two years.

Bank Mandiri's mortgage loans grew by 29 to 30 percent in the first half as it expanded into financing smaller houses.

Maybank is seeing opportunities in segments of its financial services despite the slowdown.

Standard Chartered Bank is making Kuala Lumpur its global business hub for Islamic consumer banking as part of its strategy to grow its Islamic banking business.

The National Bank of Abu Dhabi has opened its wholly-owned subsidiary in Malaysia to extend its expansion to 14 countries.

RHB Banking Group has appointed Prem Kumar as its new Group Chief Financial Officer.

One of Southeast Asia’s top-ranked and most aggressive banks is now in a position to challenge its larger western rivals in Asia.

Bank Islam Malaysia has offered to acquire between 30 and 40 percent stake in an Indonesian Islamic bank.

Pos Malaysia has acquired the entire stake in Pos Ar-Rahnu Sdn Bhd to be used as the joint venture company.

Bank Negara Malaysia said applications for Islamic mega bank licences willbe determined on business viability.

CIMB Bank Bhd's youth savings account, YOUth, has attracted 95,000 youth since its launch in June last year.