Malaysia

Public Bank, Visa target affluent customers

Public Bank and Visa is now offering a premium card to help affluent customers enjoy the finer things in life.

Public Bank, Visa target affluent customers

Public Bank and Visa is now offering a premium card to help affluent customers enjoy the finer things in life.

Bank Islam expects improved Q4 results

Bank Islam expects better fourth quarter results ending Dec 31, said managing director Datuk Seri Zukri Samat.

Maybank targets to lead region's electronic banking transactions

Newly launched Maybank eCustody to provide the "final link" in the group's overall electronic banking offering to clients.

Bangkok Bank to open 4 more Malaysian branches

Bangkok Bank will opening another four branches in Malaysia by 2016, says CEO Robert Loke.

Malaysia and Singapore signs deal setting up cross-border collateral arrangement

Financial institutions in Singapore may now obtain Singapore dollar liquidity from MAS by pledging Malaysian ringgit or ringgit-denominated sovereign and central bank securities.

Noor Islamic Bank mulls Malaaysian expansion

Noor Islamic Bank is mulling an expansion to Malaysia to tap opportunities in Southeast Asia.

RHB Capital may issue stocks to pay for OSK Holdings

RHB may issue new shares equivalent to as much as 10 percent of its existing equity to pay for the unit, according to Bloomberg.

Affin's third quarter PBT up 45% to $67.85mn

The lender is positive that the lender will have stellar performance next quarter.

Asian banking capitalization better than before: Malaysian central bank governor

Asia's financial institutions can cope with possible global financial meltdown caused by Europe's debt crisis due to its good capitalization, according to the governor of Malaysian central bank.

Garuda, Bank Muamalat ink deal on ticket sales

Garuda Indonesia will provide special corporate fares for Bank Muamalat’s employees and Bank Muamalat will open package tours with special prices facilitated by the Garuda Indonesia Holiday program.

RHB may pay up to $514m for OSK unit

The banking group may issue new shares equivalent to as much as 10% of its existing equity to pay for the unit.

Malaysian banks hail central bank financing guidelines

The Association of Banks in Malaysia hailed Bank Negara's Guidelines on Responsible Financing.

Hong Leong Bank appoints Raja Teh Aziz as HLISB managing director and CEO

She was once head of International Business at Kuwait Finance House Malaysia.

Maybank's first quarter profit up 25% to $409.4mn

Yet the lender is still cautious of weakening global economic conditions which could signal rough times ahead.

OCBC Bank issues loans to acquire Australian properties

OCBC Overseas Property Financing-Australia is also a ringgit-based loan.

CIMB Group’s net profit reaches RM1b in 3Q11

This is 10.5% above its 3Q10 net profit of RM916 million.

AIA AFG Takaful to open 3 branches in 2012

AIA AFG Takaful Bhd plans to set up three branches next year, its chief executive officer Wan Azman Wan Mamat said.