Malaysia

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.

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%.

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.