Malaysia
Research group sees bumps ahead for Public Bank
Alliance Research House stated that there could be factors that could dampen the outlook for Public Bank.
Research group sees bumps ahead for Public Bank
Alliance Research House stated that there could be factors that could dampen the outlook for Public Bank.
Azrulnizam appointed Al Rajhi Bank Malaysia CEO
Azrulnizam Abdul Aziz has been appointed CEO of Al Rajhi Bank (Malaysia).
Malaysian banking system posts solid numbers
Malaysia’s banking system capitalisation remained strong with the risk-weighted capital ratio and core capital ratio at 14.9% and 12.9%.
Good 2011 profits push Public Bank shares up
Public Bank Bhd are up by two sen to RM13.54 after posting profits last year that satsfied market expectations.
Tight Malaysian lending rules affecting car sales, Perodua
Compact car manufacturer Perodua has asked Bank Negara Malaysia to ease up on tight loan conditions for hire purchase of cars.
Bank Muamalat wants non-muslim customers for Islamic products
Bank Muamalat's hopes to enhance the market of its various Islamic banking products and services with non-Muslin customers .
Public Bank posts $1.52 B pre-tax profit for 2011
Public Bank reported a 12.8 per cent increase in pre-tax profit for the financial year ended Dec 31, 2011 with US$ 1.52 billion.
Maybank targets double digit remittance growth
Maybank is targeting a double digit growth in the remittance business for financial year 2012.
New directors appointed for CIMB Bank, CIMB Islamic
CIMB Group announced the appointment of new directors at CIMB Bank and CIMB Islamic Bank.
Chairman denies knowledge of plans to sell Bank Muamalat
The chairman of Bank Muamalat is unaware of plans to sell his bank to finance a stake in Proton Holdings.
RHB upbeat on OSK's regional branches
RHB Capital hopes to get Bank Negara's nod to a proposed merger with OSK Holdings by the early second quarter.
Singaporean banks asked to speed up security implementation
MAS urged banks to quickly implement new measures to enhance the security of the retail payment infrastructure.
Tycoon may dispose Muamalat to buy car firm: observers
Industry players are speculating that Tan Sri Syed Mokhtar AlBukhary may sell Bank Muamalat to raise RM3 billion for the purchase of Proton Holdings.
BSN to undergo RM100 M business model transformation
BSN has tapped HeiTech Padu Bhd, BML Istirehat and Juris Technologies in embarking on a RM100 million Core Banking Replacement Programme.
Malaysia's CIMB to break into Philippine banking by March
CIMB Group Holdings Bhd will finally achieve its bridgehead in the Philippine banking industry within the next two months.
Malaysia expects growth for SME banking
The government forecasts the contribution of SMEs to the gross domestic product to rise to 41% in 2020.
Maybank Offers Six-month Moratorium For Flood Victims
Maybank is offering a six-month moratorium for flood victims till June 30, 2012.