Malaysia

Malaysian banks to recover loan growth to 5% in 2018

This is on the back of a low base loan growth of 2.8% in 2017.

See how MFRS9 could affect Malaysian banks' credit costs

Guidance on credit cost run rates from banks post-MFRS9 remains sketchy.

RHB unveils corporate debit card to reduce cheque and cash payments

The initiative is meant for business payments made to government agencies.

Malaysian banks' 2018 net profit growth slows to 7.2%

This is compared to a stronger 13.0% in 2017.

CIMB approves Malaysian banks' interest rate hike

The bank believes it is well-equipped to implement the rate growth.

Digitalisation in Malaysian banks creates 4,500 new jobs

New opportunities are focused on automation and IT.

CIMB adds retirement planning to insurance solutions

This is through a partnership with Sun Life Malaysia.

What provisions will trend post-MFRS 9 implementation?

Malaysian banks adopted the new standard on January 1, 2018.

Malaysian banks' credit growth hits 5.5% in Nov 2017

It compensated for the sluggish 3.9% industry loan growth.

Malaysian banks' earnings growth to slip to 6.5% in 2018

It's a steep decline from the 13.4% profit growth in 2017.

AmBank's total income up 2.3% to US$477m

Thanks to higher net interest income and improved NIMs.

Malaysian banks' loan growth slows to 4.6% in October

But household loan growth sustained its upward momentum.

Malaysian banks' gross impaired loans ratio stable at 1.67%

GIL ratios were stable across most asset classes.