Malaysia

As overseas loans surged 41.4% led by Singapore and Indonesia.

ABM expects debit card usage to grow by up to 70% this year.

 Export-Import Bank of Malaysia expects 40 per cent of its targeted loan applications worth RM1 billion for this year to come from the small medium entrepreneurs.

Hong Leong Bank is offering a voluntary separation scheme to all permanent employees of the bank and MIMB Investment Bank.

Bank Muamalat opened a branch in Taman D Lahar, Kota Putera, in Besut district.

AmInvestment Bank Group has launched a four-year close-ended fund that caters to investors looking for regular income and capital preservation.

India's Andhra Bank plans to start operations in Malaysia by as early as next month, according to a report citing the bank’s chairman and managing director R Ramachandran.

CIMB Bank launched its CIMB Trader Deposit Account, a combination of savings deposit with a securitised direct share trading account that allows customers to trade online in any security listed on Bursa Malaysia.

Takaful Malaysia paid Mudharabah profit-sharing totalling RM578,000 to Universiti Kebangsaan Malaysia for their Group Takaful Scheme.

The penalty imposed on DBS Bankby the Monetary Authority of Singapore for the disruption to its online and banking systems in July has now been lifted.

She has over 18 years of experience in the financial industry and was the Global Head of Islamic Markets at Bursa Malaysia.

SME Bank approved loans totalling RM1.3 billion in September this year, said managing director Datuk Mohd Radzif Mohd Yunus.

Hong Leong Takaful expects to net RM10 million in gross premiums in the first year following the MoU  with Malaysian Building Society Bhd for the i-Save takaful plan.

The lender said customers can start planning for personal accident coverage for three generations from as low as $13 monthly.

Bursa Malaysia Securities provides 6 month extension of its $416mn fundraising scheme.

Estimate was made after the lender joined forces with Axis to boost remittance from India.