Malaysia

Crowdfunding flourishes in Malaysia as banks reject loan applications

Equity crowdfunding and P2P platforms have raised $84m for small businesses so far.

Crowdfunding flourishes in Malaysia as banks reject loan applications

Equity crowdfunding and P2P platforms have raised $84m for small businesses so far.

Malaysian banks flex digital muscle to catch up with Asian peers

Employee upskilling is also a priority to ensure that workers can keep up with digital developments.

Chart of the Week: Malaysian banks' bad loan ratio down to 1.46% in March

Non-residential property loans were the only segment with deteriorating asset quality.

Malaysian banks hit by lower loan demand

New loan applications shrunk 6% in March.

RHB targets extending $7.5b in SME loans by 2021

The bank has approved $1.74b in SME financing in 2018.

Bain & Company's Gwendolyn Lim shares her framework for redesigning the future's banks

Improved economics, personalised customer experience, and enhanced employee engagement are keys to sustainability.

RHB sets sights on one million mobile banking users by 2019 in mobile app launch

The bank also hopes to boost digital transaction volumes to over 80% by 2022.

Malaysia banks forge ahead with merger plans despite steeper capital rules

Banks can handle the surcharge as CET1 ratios of big lenders range from 12-15.5% in 2018.

RHB unveils multi-currency VISA debit card

It supports 13 currencies including US, Canada, Singapore and Hong Kong dollar.

Malaysian startup Moby Fintech unveils financial decisioning app

Mobylize offers users credit scoring, analysis and decisioning tools.

Malaysia targets web-only bank license rules by end-2019

The central bank had preliminary talks with internet-only bank operators overseas.

Malaysian banks' pre-tax profit hits $9.04b in 2018

Sector earnings grew at a slower pace due to higher MFRS9 provisions.

Alliance Bank Malaysia set to outpace sluggish industry growth

Its loans could grow 6% in FY20 and NIMs could expand 5bp.

RHB rolls out digital token for SMEs and corporates

Users can now maintain one device to manage multiple accounts.

Malaysian bank loan growth up 5.6% in 2018

Corporates and households drove yearly lending demand.