Malaysia

CIMB Principal gets a go-ahead for its private retirement schemes

The schemes aim to complement the Employees Provident Fund savings by employees.

Malaysia encourages presence of Japanese Banks

Strengthening Malaysia's links with Japan.

Asean to launch banking integration framework

Asean Financial Integration allows greater flexibilites.

Malaysia's CIMB launches money transfer service to 5 Asian countries

CIMB launched its international money transfer service, SpeedSend, to Myanmar, Vietnam, India, Bangladesh and Nepal.

RHB Bank sees 1.5 million internet, mobile customers by 2013

RHB Bank Bhd expects to almost double its internet and mobile banking customers to 1.5 million by next year.

Wong is new CEO for UOB Malaysia

Wong Kim Choong has been appointed as United Overseas Bank Malaysia's chief executive officer with immediate effect.

CIMB hopes to double debit cards market share next year

CIMB Bank expects to raise its market share for debit cards from the current 5.7 percent to 10 percent next year.

Maybank’s Chinese operations in huge expansion

The Greater China operations of Malayan Banking Berhad or Maybank are now the third largest overseas contributor to the group’s pre-tax profit after Singapore and Indonesia.

Malaysian banks' earnings seen as resilient

Malaysia's banking sector will experience resilient earnings in line with the country’s sturdy economic growth supported by strong domestic demand, robust capital markets and exports.

Malaysia's Maybank not bidding for Thailand's Bank of Ayudhya

Maybank clarified that its private placement exercise was a proactive move to boost its equity capital ahead of the implementation of the Basel III capital framework.