Malaysia
Maybank Islamic launches no-fee credit card with 14% profit rate
Maybank Islamic launches no-fee credit card with 14% profit rate
The card will launch in October 2026.
1 day ago
CIMB Islamic to launch no annual fee credit card in October
CIMB Lite-i will have a profit rate of 14% per annum across all tiers.
2 days ago
Only 1 in 4 Malaysian banks trust AI outputs for decisions: study
Only 26% of financial institutions have a defined strategy for AI adoption.
3 days ago
RHB Bank Berhad clinches two wins at Asian Banking & Finance Retail Banking Awards 2026
The bank enabled instant auto financing approval and integrated ESG principles into its home loan solutions.
AhaPay and DirectD to offer BNPL to Malaysian tech shoppers
Malaysia has about 7.5 million active BNPL users, according to official data.
Cash loses ground as digital wallets dominate Malaysia e-commerce
The government is promoting electronic transactions to improve tax compliance.
Malaysia bank loans up 5.7% in May on record business loan growth
Utility loans grew 38.1%, whilst household loans sustained its 5.5% growth rate.
CIMB receives accolade for Initiative Award for Asset Tokenisation - Malaysia
It aims to advance a tokenised financial infrastructure to democratise market access and address issues.
SME Bank Malaysia names Samad Majid Zain as CEO
He previously worked as a group chief operating officer at an investment bank.
Maybank arms relationship managers with new AI advisory tools
Advisor Assist gives insights, portfolio risk analytics, and next action recommendations.
Malaysian banks likely to hike dividends despite rising bad loan threat
They have adequate earnings and capital buffers to withstand NPL shocks.
CIMB targets first-time car buyers with bundled loan and insurance
Buyers can access insurance and Takaful protection through bancassurance financing.
SME Bank nets $9.9m from zakat entrepreneur programme
The Malaysian lender said that its programme services nearly 1,000 entrepreneurs.
Which e-wallets did Malaysians use most in 2025?
Convenience remained a key factor in satisfaction with online payments
Malaysian bank asset quality holds but bad loans seen rising to 1.5%
The acceptance rate for repayment assistance remains low, said CGSI.
Maybank Q1 profit drops 4.2% to $625m as trading income falls
Net interest margin improved to 2.14%, and loans expanded in Malaysia and Singapore.
CIMB’s profit falls 2.86% to $483m on lower interest income
NIM fell but CIMB sees early signs of this compression bottoming out.
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