Malaysia

Is Islamic financing the future of Malaysian banks?

It grew 10.3% unlike conventional banks which rose marginally by 1.7% in 2017.

Is Islamic financing the future of Malaysian banks?

It grew 10.3% unlike conventional banks which rose marginally by 1.7% in 2017.

Home loans buoy Malaysian banks' growth prospects

It’s the only bright spot amidst the rest of the underperforming pack.

Malaysia expected to ride Islamic finance boom

Sukuk issuance amongst banks may grow as much as 13% in 2018.

Malaysian banks poised for greater profitability amidst loan demand recovery

Improved asset quality is also in store for banks with O&G exposure.

CIMB unveils one-minute home financing approval feature

Its biometric fingerprint identification also provides for enhanced security.

CIMB unveils cross-border banking for Singapore and Malaysian customers

This enables fee-waived fund transfers, preferentail forex rates, and bill payments.

RHB Bank Berhad profit up 16% to $496.88m in 2017

Higher net funding income and lower impairment losses on loans boosted yearly earnings.

Malaysian banks to recover loan growth to 5% in 2018

This is on the back of a low base loan growth of 2.8% in 2017.

See how MFRS9 could affect Malaysian banks' credit costs

Guidance on credit cost run rates from banks post-MFRS9 remains sketchy.

RHB unveils corporate debit card to reduce cheque and cash payments

The initiative is meant for business payments made to government agencies.

Malaysian banks' 2018 net profit growth slows to 7.2%

This is compared to a stronger 13.0% in 2017.

CIMB approves Malaysian banks' interest rate hike

The bank believes it is well-equipped to implement the rate growth.

Digitalisation in Malaysian banks creates 4,500 new jobs

New opportunities are focused on automation and IT.

CIMB adds retirement planning to insurance solutions

This is through a partnership with Sun Life Malaysia.