Malaysia

The plan offers a minimum sum assured of MYR1m and payment flexibility.

Wider card acceptance and contactless cards will help drive this growth.

Operating income and non-interest income both contracted.

Customers were reportedly onboarded without proper sanctions screening.

The bank’s failure to ensure info was submitted led to three borrowers’ credit records being impacted.

For FY3/26, DPS may rise to MYR0.27 and net profit to $200.6m.

Its profit for the first nine months of the fiscal year is up 0.71%.

They expect to continue to grow in the markets they operate.

Return on equity is 12.4%.

Household loans grew by 6% during the quarter.

Dato’ Muzaffar Hisham is BPMB’s new group CEO.

Nonbank lenders are now providing capital even to low-risk corporate clients.

Malaysia has come a long way in promoting financial inclusion. With more than 96% of adults now having access to formal financial services, up from just 46% in 2011, the country is often praised as a model in Southeast Asia.

Productive sectors need more capital to stimulate the slowing economy.

Clients have reportedly turned cautious.

The branch is open from 12:30 PM to 7PM, including weekends.