Malaysia
Malaysian banks' net profit to grow 4.8% in 2020: report
Malaysian banks' net profit to grow 4.8% in 2020: report
But NIMs are expected to taper off a further 3bps over the period.
CIMB allots $730m for corporate sustainable loans
Borrowers will receive interest rate rebates upon reaching pre-agreed targets.
Malaysian SMEs complete UOB-backed digitisation programme
It is expected to improve their productivity by up to 30%.
Malaysia's loan growth slows to 3.2% in October
Loan applications slimmed by 1.1% in the same month.
CIMB allocates $12m for micro SMEs
Micro SMES may received financing of up to $11,991.
Malaysia's central bank extends maximum tenor of repo to 5 years
This expands the previous deadline of only one year.
Malaysia's Islamic banks pull ahead of Indonesia in the digital curve
CIMB Group has pledged to invest $477m over the next five years to strengthen its digital platforms.
Malaysian banks still struggle with sluggish loan growth
Loans grew by just 3.8% in September amidst persistent weakness in business loans.
Will swelling private sector debt threaten Malaysian banks?
Private sector debt as a share of GDP is tipped to hit 153% by end-2019.
Malaysia mulls merger of four development institutions
The move is expected to boost efficiency.
Malaysian banks' bad loans hit 1.61% in August
On an absolute basis, gross impaired loans rose to $80m.
CIMB invests $23.85m to finance renewable energy for Malaysian SMEs
It will provide SMEs 100% funds to install solar photovoltaic systems.
Malaysian banks hit by tepid loan growth
Loans grew by just 3.9% in August and loan applications shrunk 3.7%.
Will property stress threaten to undo Malaysia's banking resilience?
Unsold housing stock may pressure asset quality.
Alliance Bank, CGC grants up to $240,000 to Malaysian SMEs
The portfolio guarantee agreement has a tranche size of $72.01m.
Malaysian bank earnings up 5% in Q2
Investment and trading income drove quarterly profit gains.
How RHB Bank aims to plug Malaysia's $20b SME funding gap
The bank aims to extend $7.5b in new and additional loans for SMEs by 2021.
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