Malaysia

RHB Bank anticipates 10-12% loan growth

RHB Bank acting director, Vince Au Yoong, is confident that the loans sector will continue to grow but will see a slightly lower margin compared with last year.

RHB Bank anticipates 10-12% loan growth

RHB Bank acting director, Vince Au Yoong, is confident that the loans sector will continue to grow but will see a slightly lower margin compared with last year.

SME Bank to raise $963.5M in 3 years through sukuk

SME Bank plans to raise about RM3 billion or US 965.5 million over the next three years through a sukuk issuance.

CIMB Niaga's net profit surges 29% in 1Q12

Thanks to its operating income which rose 30% to Rp3.17 trillion.

Public Bank Q1 pre-tax profit up 6.2%

Public Bank's first quarter pre-tax profit increased by 6.2 percent to RM1.245 billion from RM1.173 billion from the previous quarter.

Bank Pembangunan's pre-tax profit up 23%

Bank Pembangunan posted a pre-tax profit of RM618 million for the financial year ended Dec 31, 2011.

Banks are bullish on Malaysian SMEs

Malaysian banks have a winner in the country’s growing legion of small and medium enterprises.

Malaysian banks invited to open in Pakistan

Pakistan asks Malaysian banks to do business in traditional and Islamic banking.

Malaysia's AFB to implement corporate banking model in Indonesia, Philippines

Asian Finance Bank staged a turnaround for its financial year ended Dec 31, 2011, said CEO Datuk Mohamed Azahari Kamil.

CIMB, RBS confirms business cooperation

CIMB and RBS confirmed their mutual understanding to cooperate in various areas of business through a cooperation agreement.

Hong Leong Bank $1.5B Euro notes

Hong Leong Bank can now issue euro medium-term note of up to US$1.5 billion.

Malaysian banks advised to tap social media

Malaysia's banks were advised to innovate their approach towards customers via the Internet as well as tap the rising importance of the social media.

Bank Muamalat anticipates lower 2012 profit

Bank Muamalat is expecting its pre-tax profit for the financial year ending March 31, 2012 to go down from the preceding year.

Merican appointed Maybank Group CFO

Mohamed Rafique Merican Mohd Wahiduddin has been appointed Maybank's Group Chief Financial Officer effective June 1.

Bank Muamalat to raise $87M through sukuk

Bank Muamalat will issue Islamic debt papers in July with the hope of raising Rp 800 billion or US$87 million.

Ramamurthy to head AmBank Group

Ashok Ramamurthy has been appointed as the new AmBank Group managing director.

CIMB poised to become Asia's largest investment banking franchise

Will it be able to topple Credit Suisse as it acquires Royal Bank of Scotland?

CIMB appoints Renzo Viegas as deputy CEO

He will also be the head of consumer banking starting 2 April 2012.