Malaysia
RHB Bank's net profit up 9.4% to US$234m in 1H17
Thanks to lower impairment losses on other assets.
RHB Bank's net profit up 9.4% to US$234m in 1H17
Thanks to lower impairment losses on other assets.
Chart of the Week: Malaysian banks' bond issuances hit US$12.7b in 1H17
It's a 41% increase from the same period last year.
RHB, AmBank call off merger plans
The banks were not able to reach an agreement on mutually acceptable terms for the merger.
Malaysian banks' total system deposits growth slows to 3.5%
Government deposits contracted for the 12th consecutive month.
Standard Chartered brings the SuperCharger FinTech Accelerator to Malaysia
Applications are accepted until today, 18 August 2017.
Maybank loan-to-deposit ratio stands at 94.7% as of March 2017
The bank sought to clarify a Bloomberg report that said its LDR is 101%.
Malaysian banks' gross impaired loans ratio improved to 1.64%
Loan loss coverage was stable MoM at 83.2%.
RHB Bank unveils SME Banking Portal
It is the first of its kind in the market.
CIMB launches one-stop solutions platform for businesses
Find out what the three value propositions of Biz123 are.
Malaysian banks' interest spreads suddenly contract to 1.49% in June
But we have yet to see if this is a trend.
Malaysian banks' loan growth hit 5.7% in June
Household loans grew 5% in the same month.
Malaysian banks' gross impaired loans up 5% in June
The banks' asset quality remains stable.
Public Bank's profit up 6% to US$310m in Q2
This brings the bank's profit to US$602m in the first half of 2017.
Chart of the Week: Check out Malaysian banks' loan growth in the past 10 years
Industry loan growth stands at 2.8% on an annualised basis.
Here's why growth in Islamic banking will slow in the coming years
The slump in oil prices is one factor.
What could boost growth of the Malaysian Islamic banking sector?
The country has US$150b in Islamic financial assets.
Competition amongst smaller Islamic banks set to intensify
That is if the Malaysia Building Society-Asian Finance merger will push through.
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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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