Malaysia
Regulator backs Hong Leong's $1.7bln EON Cap acquisition
HLBB also earned approval from the Minister of Finance to acquire subsidiaries of EON Cap.
Regulator backs Hong Leong's $1.7bln EON Cap acquisition
HLBB also earned approval from the Minister of Finance to acquire subsidiaries of EON Cap.
Maybank expects $29.75bln transaction value for trade finance
Bank's performance and rebounding economy prompts lender to dominate more than 22.6% of trade finance pie.
Maybank seeks 53% additional mobile banking customers
Enhanced M2U mobile capabilities aimed to capitalise on Malaysia's impressive 37% jump in smartphone sales.
Maybank Islamic unveils Waqf product
Contributions will be managed to create continuous stream of funds towards charity programmes by YWM.
Nomura opens branch in Labuan
Labuan Financial Services Authority gives lender license that enhances the suite of financial solutions in Malaysia.
Bank Negara approves CIMB's stake purchase
CIMB Group will issue 134 million shares to Khazanah Nasional to acquire CIMB Niaga stakes.
Fitch affirms Hong Leong at BBB+
Places EON on positive watch as rating company takes into account HLB's planned $2.18bln EON takeover.
Maybank wants bigger slice of equities market
Banks on Islamic stockbroking service HOT Broking to expand its curreent 6.5% share in the market.
Bank Rakyat keen to open 10 branches
Bank Rakyat Malaysia's branches may reach 134 with the opening of new branches.
Malaysia grants Mizuho approval for banking licence
Mizuho to establish foothold in Kuala Lumpur as Bank Negara gives it commercial banking licence.
Maybank allots $4.9mln to improve customer service
Pilot customer service transformation programme to upgrade all bank’s frontline personnel in 70 branches.
Hong Leong-EON Bank merger poses problem on employees
National Union of Bank Employees hits Bank Negara’s non-consultation with union on looming merger’s adverse effects.
Hong Leong Bank unveils Business Flexi FD
Product gives companies power to optimise cash flow by enabling customers to withdraw before tenure period.
ICICI Bank to focus on rural sector
Lender also plans to reduce exposure to personal loan after suffering big losses.
HSBC Amanah forecasts strong Asian sukuk sales
Region’s share in $1tln Islamic finance industry expected to increase amidst European and Dubai credit crises.
Moody upgrades RHB’s financial strength rating to Positive
Net interest margin improvement, more comfortable loan-to-deposit ratio, healthier capital adequacy, and management stability boosted ratings.
Affin seeks central bank's nod for EON takeover
Lender willing to offer $1.58bln worth of combined cash and shares.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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