Malaysia

CIMB net profit up 28.3% in 2024; special dividend proposed

The 7 sen special dividend is separate from the annual dividend of 36 sen per share.
1 day ago

CIMB net profit up 28.3% in 2024; special dividend proposed

The 7 sen special dividend is separate from the annual dividend of 36 sen per share.
1 day ago

Maybank’s full year net profits up 17.5% to $1.96b

The total dividend of 60 sen per share is its highest post-pandemic.
2 days ago

Malaysia’s Islamic banks continues to fly high in 2024: Fitch

Malaysia’s Islamic banking market is the third largest globally.

Malaysia proposes revisions to Islamic banking regulations

The central bank is inviting feedback to its exposure draft, until 31 March.

UOB Malaysia establishes inaugural Islamic debt programme

Tier 2 Sukuk Wakalah was given a fixed profit rate of 4.01% per annum.

Malaysian central bank warns against entities impersonating it

A social media post had claimed that the central bank is supporting an investment platform.

Malaysia unveils proposed guidelines for currency processing

It aims to improve transparency and accountability, amongst others.

Malaysia’s Alliance Bank opens new branch in Saradise Kuching

The branch has launched exclusive offers to commemorate the launch.

Boost-RHB digital bank clinch official approval to commence operations

Boost Bank aims to pave the way for a new era of embedded finance

Malaysian banks see corporate, household loan growth in November

Outstanding loans extended to SMEs expanded by 7.9% during the month.

Deutsche Bank, CIMB team up to expand Shariah-compliant custody services offerings

CIMB Islamic also named Deutsche Bank as its foreign custody services support.

Grab, Singtel-backed GXBank launches full operations in Malaysia

The digital bank intends to roll out its own debit card in the coming months.

Public Bank net profit up 14.3% to $1.08b in 9M 2023

Total loans rose faster than the Malaysian banking industry average.

Maybank profits up 21% to $1.48b in 9M 2023

Profit before tax is up 14.4% in the first nine months of the year.