Malaysia

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.

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 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.