Malaysia

CIMB Islamic debuts Lite-i card with fixed 14% rate

For a minimum spend, they can avail a 0% installment plan for a six-month period.

Business demand drives 5.7% Malaysian credit rise

SME loan growth, mortgages, hire-purchase, and credit cards moderated in August.

JCB partners IHH Healthcare for 10% discounts in Malaysian hospitals

Hospitals under the Gleneagles brand and Pantai brand are included.

Skyro secures Malaysia digital moneylending license

It will offer cash loans and introduce other credits products over time.

Bank Negara Malaysia urged to cut reserves to spur green lending: think tank

The central bank is also encouraged to offer preferential rates to banks for green loans.

Over half of Malaysian bank loans exposed to nature risks

Financing opportunities abound for sustainable agriculture and water management.

Which Malaysian banks exhibit the most nature disclosure readiness?

Banks with stronger capabilities may increasingly support better borrower selection, amongst others.

Maybank saves $9.56m through small process changes

The bank says its initiatives have saved 2.17 million working days.

Malaysia nears universal accounts but formal borrowing lags at 15%

Progress is driven by habits established early in Malaysians’ financial journeys.

Malaysia’s GXBank and IFC ink risk-sharing deal

IFC will provide up to $4.95m in unfunded first-loss coverage.

RHB Bank rolls out Makeover Flexi Loan in Malaysia

Financing tenure is up to 35 years or until the borrower reaches the age of 70.

Malaysian bank liquidity holds in July as business loans accelerate to 7.5%

Gross and impaired loan ratios were unchanged during the month.

Hong Leong Bank debuts HLB opus credit card

The card is crafted in ceramic, the Malaysian bank said.

Maybank profit meets estimates as NOII swings 165% in Q2 recovery

NOII contracted 15% in H1 but recovered 165% in Q2 compared to Q1.

CIMB profit dips 0.19% to $955.42m in H1

CIMB expects net interest margin pressures are expected to progressively ease.