Malaysia

Malaysian financial system benefiting from Japan: Governor

Malaysia welcomes the continued participation of Japanese financial institutions in the domestic financial sector and in the Labuan International Business and Financial Centre.

Malaysian financial system benefiting from Japan: Governor

Malaysia welcomes the continued participation of Japanese financial institutions in the domestic financial sector and in the Labuan International Business and Financial Centre.

Agrobank to disburse $15.7M in loan with new product

Agrobank expects to disburse at least US$15.7 million in loans with the launch of its latest product aimed at reducing the financial burden of the padi farmers.

AMMB to acquire MBF Cards

AMMB Holdings Bhd's plan to acquire the entire stake in MBF Cards for RM623.4 million pushed MBf Holdings Bhd's share price by three sen to RM1.04.

New Malaysian bank eyes $785M in transactions

India International Bank Malaysia Bhd aims to record RM2.5 billion or US$785 million in loans and deposits in the next three years.

Two in 5 Malaysians use credit cards as main payment method

A Nielsen study revealed that 39% of Malaysian online consumers use credit cards as a common payment method for dining, shopping and entertainment activities.

Malaysian banks to relocate off-site ATMs for security purposes

A spate of high-profile robberies in the Klang Valley had Malaysian banks thinking of removing ATMs in malls, supermarkets, petrol and rail stations.

Malaysia's OCBC Al-Amin offers 7 days,day and night Islamic banking

OCBC Al-Amin Bank launched Malaysia's first standalone seven-days-a-week Islamic day-and-night banking branches.

Maybank targets $10M investment in silver account product

Maybank aims to attract US$10 million investment on its "Maybank Silver Investment Account" within the first year.

Malaysia's Hong Leong Bank to open 20 "Mach" branches

Hong Leong Bank will open 20 new branches for its new sub-brand, Mach by Hong Leong Bank, in the next two years.

Indonesia's Mandiri enjoys loan growth with small home financing

Bank Mandiri's mortgage loans grew by 29 to 30 percent in the first half as it expanded into financing smaller houses.

Maybank upbeat on ETP benefits

Maybank is seeing opportunities in segments of its financial services despite the slowdown.

StanChart makes KL its Islamic banking hub

Standard Chartered Bank is making Kuala Lumpur its global business hub for Islamic consumer banking as part of its strategy to grow its Islamic banking business.

National Bank Of Abu Dhabi expands in Malaysia

The National Bank of Abu Dhabi has opened its wholly-owned subsidiary in Malaysia to extend its expansion to 14 countries.

Kumar is new RHB Group CFO

RHB Banking Group has appointed Prem Kumar as its new Group Chief Financial Officer.

CIMB Group set for Asian expansion

One of Southeast Asia’s top-ranked and most aggressive banks is now in a position to challenge its larger western rivals in Asia.

Malaysia's Bank Islam to expand in Indonesia

Bank Islam Malaysia has offered to acquire between 30 and 40 percent stake in an Indonesian Islamic bank.