Malaysia

Malaysia’s Alliance Bank opens new branch in Saradise Kuching

The branch has launched exclusive offers to commemorate the launch.

Boost-RHB digital bank clinch official approval to commence operations

Boost Bank aims to pave the way for a new era of embedded finance

Malaysian banks see corporate, household loan growth in November

Outstanding loans extended to SMEs expanded by 7.9% during the month.

Deutsche Bank, CIMB team up to expand Shariah-compliant custody services offerings

CIMB Islamic also named Deutsche Bank as its foreign custody services support.

Grab, Singtel-backed GXBank launches full operations in Malaysia

The digital bank intends to roll out its own debit card in the coming months.

Public Bank net profit up 14.3% to $1.08b in 9M 2023

Total loans rose faster than the Malaysian banking industry average.

Maybank profits up 21% to $1.48b in 9M 2023

Profit before tax is up 14.4% in the first nine months of the year.

HLB and Cagamas concludes RM300m green deal

It is Malaysia's first corporate issuance relating to green housing loans and financing.

Malaysian banks face flattish NIMs amidst slower-than-expected loan growth

Dividend yield will remain attractive, however, says UOB Kay Hian.

RHB Islamic Bank targets $1.28b in wealth management by 2026

Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.

Public bank ties up with gov’t to finance SMEs

Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.

UOB Malaysia unveils supply chain management services in UOB Infinity platform

UOB clients will be able to digitally connect to buyers, suppliers, and distributors across Asia.

CIMB raises sustainable finance target to $13.7b by 2024

The bank has already directed close to $9.6b in sustainable finance since 2021.