Malaysia
Allianz and HSBC launch new life insurance plan
The plan comes with a premium starting from RM6,000.
Allianz and HSBC launch new life insurance plan
The plan comes with a premium starting from RM6,000.
Bank Negara Malaysia releases policy document on claims settlement practices
It mandates minimum standards for licensed insurers and takaful operators.
Evergreen and UBBIB sign strategic partnership, paving the way for a multimillion-dollar transformative merger
This collaboration further expands Evergreen's presence in Malaysia’s financial sector.
Malaysia float new req’s to lower costs of basic banking services
The central bank is inviting written feedback on the draft policy document.
Malaysia unveils policy for the disposal and purchase of impaired loans
The policy aims to provide a larger pool of buyers for the market, the central bank said.
Kenanga Investment Bank names ex-Citi banker as iindependent non-exec director
Angeline Ong Su Ming spent two decades working in Citigroup.
Boost Bank launches digital app for underserved Malaysians
Deposits are protected for $53,234.
Malaysian bank and GHL collab to offer interest-free plan
It will be made available to more than 7,000 merchant terminals.
Malaysia's private sector credit grows 5.4% in April
Thanks to higher growth in both outstanding loans and corporate bonds.
GHL and BSN partner to expand in-store payment choices
Shoppers at GHL stores can now enjoy up to 36 months of BSN's 0% EasyPay.
Hong Leong Bank posts 7.1% profit growth in 9MFY24
This translated to a profit of $671m.
CIMB’s Q1 profit escalates 18% YoY
Thanks to a solid operating income performance and maintained costs.
Maybank sets new crude palm oil, power emissions targets by 2030
In 2023, CPO production and power emissions are well below reference scenarios.
Kenanga Investment Bank’s net profit doubles to RM26.7m in Q1
But the stockbroking and investment banking divisions reported losses before tax.
Maybank’s net income up 9.8% to RM2.49b in Q1
Non-interest income jumped 79.2% and lifted operating income for the quarter.
Public Bank’s net profits down 3.5% to $351.94m in Q1
Total loans and deposits grew in Q1 compared to Q4 2023.
Malaysia, South Korea renew their bilateral swap agreement
The swap arrangement can be further extended via mutual agreement.
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