Malaysia

Financial institutions in Singapore may now obtain Singapore dollar liquidity from MAS by pledging Malaysian ringgit or ringgit-denominated sovereign and central bank securities.

Noor Islamic Bank is mulling an expansion to Malaysia to tap opportunities in Southeast Asia.

RHB may issue new shares equivalent to as much as 10 percent of its existing equity to pay for the unit, according to Bloomberg.

The lender is positive that the lender will have stellar performance next quarter.

Asia's financial institutions can cope with possible global financial meltdown caused by Europe's debt crisis due to its good capitalization, according to the governor of Malaysian central bank.

Garuda Indonesia will provide special corporate fares for Bank Muamalat’s employees and Bank Muamalat will open package tours with special prices facilitated by the Garuda Indonesia Holiday program.

The banking group may issue new shares equivalent to as much as 10% of its existing equity to pay for the unit.

The Association of Banks in Malaysia hailed Bank Negara's Guidelines on Responsible Financing.

She was once head of International Business at Kuwait Finance House Malaysia.

Yet the lender is still cautious of weakening global economic conditions which could signal rough times ahead.

OCBC Overseas Property Financing-Australia is also a ringgit-based loan.

This is 10.5% above its 3Q10 net profit of RM916 million.

AIA AFG Takaful Bhd plans to set up three branches next year, its chief executive officer Wan Azman Wan Mamat said.

Public Bank will invest in a diversified portfolio of primarily local equities to achieve capital growth over the medium- to long-term period through its new equity fund, PB Growth Sequel Fund.

As overseas loans surged 41.4% led by Singapore and Indonesia.

ABM expects debit card usage to grow by up to 70% this year.