Malaysia

With acquisition of EONCap, the lender has greater distribution channels with additional 300 branches nationwide.

The earnings growth was fuelled by higher net interest income, Islamic banking earnings and non-interest income.

The company’s positive result boosted by Maybank Islamic which saw pre-tax profit rising 64.1% to $210.28mn.

BIMB Holdings Bhd has confirmed receiving notification from Khazanah Nasional Bhd and DRB-Hicom Bhd on the sale of their stake in Bank Muamalat Malaysia Bhd to the company.

Moody's  upgraded EON Bank Bhd's foreign currency long-term/short-term deposit ratings to A3/P-1 from Baa2/P-3.

Malaysia Airlines and Maybank's partnership to promote debit card use for online air ticket purchases grew 195 per cent in billings and 145 per cent in Maybank debit transactions.

Hong Leong Bank Bhd has acquired EON Capital Bhd's assets and liabilities for RM5.06 billion.

Premier Heritage policyholders to earn minimum interest of 2.5% per annum upon maturity when the bearer reached hundred years old.

Maybank expanded its network in Cambodia by opening its 10th branch in Kampung Cham.

Sources said Chinese suitors not keen on buying the Abu Dhabi Commercial Bank's block in the company.

Primus to appeal against court decision that clears way for EON to accept Hong Leong $1.7bn takeover offer.

Bank Negara Malaysia will put up a representative office in Beijing, China.

China Construction Bank Corporation and has approached the Malaysian Finance Ministry for permission to speak to EON's major shareholders. The bank is said to be eyeing a stake in EON Capital.

The lender said it gained more trust from customers since its third-party fund placement increased by 50%.

Growth in overall financing balance and excellent asset quality fueled the increased in profit.

The programme also enables Maybank to issue notes, senior and/or subordinated notes in currencies other than ringgit.