Malaysia
Malaysia’s private sector loans up 5.4% in May
Malaysia’s private sector loans up 5.4% in May
Business loan growth accelerated whilst corporate bond growth moderated.
1 day ago
Malaysia’s digital banks face costlier and slower-than-expected loan growth
They may temper deposit-gathering efforts as a result, a positive for incumbents.
Malaysia rolls out innovation lab for climate finance solutions
Greater private sector involvement is needed to accelerate Malaysia’s climate journey.
CIMB Group names Datuk Syed Zaid Albar as group chairman
He is the former executive chairman of the Securities Commission Malaysia.
SMBC Malaysia nabs StanChart banker as head of corporate banking
Wendy Ooi will lead SMBC Malaysia’s non-Japanese corporate banking strategy.
Bank Muamalat unveils Islamic digital bank ATLAS
It offers Shariah-compliant financing, DuitNow onboarding, and personalised services.
HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia
The plan offers a minimum sum assured of MYR1m and payment flexibility.
Chart of the Week: Malaysia’s card payments to grow 4% in 2025
Wider card acceptance and contactless cards will help drive this growth.
CIMB’s net profits up 1.9% to MYR 1.97b in Q1 2025
Operating income and non-interest income both contracted.
HSBC Malaysia penalized $690,000 for customer screening non-compliance
Customers were reportedly onboarded without proper sanctions screening.
Malaysia fines Maybank Islamic for info submission lapses
The bank’s failure to ensure info was submitted led to three borrowers’ credit records being impacted.
Alliance Bank’s net profit up 11.1% to $46.6m in Q4
For FY3/26, DPS may rise to MYR0.27 and net profit to $200.6m.
Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025
Its profit for the first nine months of the fiscal year is up 0.71%.
Maybank’s net profit up 4% to $614.25m in Q1 2025
They expect to continue to grow in the markets they operate.
Public Bank’s net profit up 5.6% to $413.6b in Q1
Return on equity is 12.4%.
Malaysia’s lending grew by 5.5% in Q1 2025
Household loans grew by 6% during the quarter.
Bank Pembangunan appoints Maybank Islamic CEO as new chief
Dato’ Muzaffar Hisham is BPMB’s new group CEO.
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