Malaysia

How experts see the digital battleground of banks, payment firms

Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends.

Kenanga Investment Bank commemorates 50 years

Clients can anticipate the Wealth SuperApp launch.

Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers

The new feature reduces the time spent reconciling transactions and e-wallet payments separately.

CIMB reaps benefits from de-risking, cost optimisation initiatives

Net interest margin compression will be offset by improved profits and stable capital.

Deposit war squeezes Malaysian banks’ margins

There is a steady outflow of savings deposits into higher-yielding fixed deposits, says S&P.

Public Bank unveils PB SecureSign in major security overhaul

This is in line with the bank’s commitment to boost cyber protection.

CIMB Group's net income up 15.3% in Q1

Its net income showed a 15.3% climb year-on-year.

Public Bank posts 22.6% net profit surge in Q1

It expects market volatility to be heavily influenced by US and EU banking environment.

Maybank records 10.7% increase in Q1 profits

The group’s profit before tax also grew 2.7%.

Public Bank launches cross-border QR payments to Singapore

Merchants and individuals can exchange payments to and from either country.

Public Bank Berhad aims for $11b in ESG-friendly financing by 2025

It also plans to finance energy-efficient vehicles worth $7b by 2025.

Mastercard unveils new Data & Services hub in Malaysia

The company’s D&S experts work with nearly 4,000 clients over 120 countries.

Make sure you don’t miss the 2023 Asian Banking and Finance Forum in Kuala Lumpur

The forum will take place in May and is the third instalment in the events series.

Public Bank raises interest rates by 0.25%

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

OCBC and RHB co-establish two sustainability-linked solutions

The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.

CIMB on track to realise sustainability goals

The bank doubled its sustainable finance target after achieving the initial target in 2022.