Malaysia
CIMB launches Malaysia’s first e-invoice payment terminal
CIMB launches Malaysia’s first e-invoice payment terminal
The device also functions as a standalone Point-Of-Sale (POS) system.
2 days ago
Hong Leong Bank reimagines branches for digital era
The lender sees itself as a digital bank with a physical presence.
Concerns over Teh Family's Public Bank stake sale “overdone”: analyst
The estate will dispose of a 13% stake in the Malaysian bank.
RHB projected to log 50% full cash divided payout ratio for 2024
The Malaysian bank is on track to surpass its 4.5% loan growth target.
Public Bank Group's net profit climbs by 12.4% to $427.36m in Q3 2024
Earnings per share stood at 9.85 sen.
Malaysia logs 5.1% non-bank sector credit growth in October
Business loans and corporate bonds boosted credit for the month.
CIMB Group’s profit rise 12.57% in 9M 2024; EPS is MYR18.98 for Q3
The group expects its net interest margin to normalise and see some pressure in Q4.
GHL’s Malaysia terminals can now accept cross-border payments via DuitNow QR
Over 480,000 merchant touchpoints are covered by the expansion.
Maybank's net profit up 8.5% in 9M FY2024
Non-interest income growth pushed up its profits.
Islamic finance needs to expand pool of skilled professionals: CIIF
CIIF signed three MOUs to develop the talent pipeline of the Islamic finance industry.
Public Bank’s profitability to continue outperforming industry: Moody’s
It is expected to maintain a low problem ratio through 2025.
Malaysia fines money changer for customer due diligence lapses
BSB Darussalam has paid the $7,000 penalty.
Malaysia invests $906.67m to enhance MSME lending, Islamic finance
It also mulls establishing the Consumer Credit Commission.
CIMB tries to rise to the challenge of net zero banking
The Malaysian lender is setting realistic decarbonisation goals.
Citi names Hooi Wan Ng as head of markets for Malaysia
Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.
Public Bank's LPI Capital purchase may boost earnings, ROE
MGO is unlikely to be accepted by shareholders due to its ‘steep’ 25% price discount.
Malaysia’s Public Bank acquiring all shares of insurer LPI Capital
It will buy a 44.15% equity interest in the insurer for RM1.72b, and then extend a mandatory general offer.
Commentary
Southeast Asia’s digital banks – the road from good to great