Malaysia
Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers
The new feature reduces the time spent reconciling transactions and e-wallet payments separately.
Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers
The new feature reduces the time spent reconciling transactions and e-wallet payments separately.
CIMB reaps benefits from de-risking, cost optimisation initiatives
Net interest margin compression will be offset by improved profits and stable capital.
Deposit war squeezes Malaysian banks’ margins
There is a steady outflow of savings deposits into higher-yielding fixed deposits, says S&P.
Public Bank unveils PB SecureSign in major security overhaul
This is in line with the bank’s commitment to boost cyber protection.
CIMB Group's net income up 15.3% in Q1
Its net income showed a 15.3% climb year-on-year.
Public Bank posts 22.6% net profit surge in Q1
It expects market volatility to be heavily influenced by US and EU banking environment.
Maybank records 10.7% increase in Q1 profits
The group’s profit before tax also grew 2.7%.
Public Bank launches cross-border QR payments to Singapore
Merchants and individuals can exchange payments to and from either country.
Public Bank Berhad aims for $11b in ESG-friendly financing by 2025
It also plans to finance energy-efficient vehicles worth $7b by 2025.
Mastercard unveils new Data & Services hub in Malaysia
The company’s D&S experts work with nearly 4,000 clients over 120 countries.
Make sure you don’t miss the 2023 Asian Banking and Finance Forum in Kuala Lumpur
The forum will take place in May and is the third instalment in the events series.
Public Bank raises interest rates by 0.25%
Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.
OCBC and RHB co-establish two sustainability-linked solutions
The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.
CIMB on track to realise sustainability goals
The bank doubled its sustainable finance target after achieving the initial target in 2022.
NIM, higher expenses drag on Malaysian banks’ earnings growth in 2023
Mid- to high-single digit NIM compression will offset loan growth, an analyst said.
Public Bank offers repayment relief to Malaysia flood victims
Customers affected by the floods can defer monthly loan payments for up to 6 months.
Maybank’s net profit up 1.6% to $1.8b in 2022
Improving regional economic activities and lower net impairment losses led to the growth.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![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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