Malaysia
CIMB Group chairman Nazir Razak takes leave over US$7m transfer investigation
CIMB Group chairman Nazir Razak takes leave over US$7m transfer investigation
The Board of CIMB Group Holdings Berhad announced at its 59th Annual General Meeting today that Dato’ Sri Nazir Razak will take a voluntary leave of absence from his positions as Chairman of CIMB Group and Director of CIMB Bank, with effect from close of business today till the completion of an ongoing Board review on the banking activities relating to his personal account, first reported by the Wall Street Journal on 31 March 2016.
How are Malaysian banks dealing with the pressure of digitisation?
It's not just about the technology.
Malaysia's industry loan growth disappoints as household loans slip to just 7%
A mere 6.5% loan growth is forecast for 2016. According to Maybank Kim Eng, industry loan growth continues to slow, with the moderation in HH loan growth notably more significant in Feb 2016.
3 Malaysian banks with the largest increases in common equity Tier 1 ratios revealed
Two of them completed large rights issues in 2015.
2 reasons why you must attend the ABF Retail Banking Forum in Kuala Lumpur on April 6 at the Shangri-La
Artificial intelligence in ATMs is on the rise.
AMMB posts most disappointing operating results in CY15
Operating profit was down 21% YoY.
Standard Chartered launches Retail Workbench in Asia
Clients in Malaysia and India can now bank on their iPads.
CIMB appoints Dato’ Kong Sooi Lin as CEO of CIMB Investment Bank
The appointment is effective immediately.
Malaysian banks' internal capital generation under pressure from weak margins
Good thing the banks' capitalization is expected to remain robust.
Malaysia's RMB use increased 68% over the last 12 months
It's the second most used currency for payments with China and Hong Kong.
How badly can RHB’s oil and gas exposure hurt its profitability?
It would slip into the red if 40% of its O&G book turned non-performing.
Malaysian banks' loans grew 7.9% in 2015
Thanks to working capital loans from 2Q15 to 3Q15.
Malaysia's slowing household loan growth drags 2016 industry forecast
Loan growth is forecast at 6.5%.
How will the 50bp cut in the Statutory Reserve Requirement affect Malaysian banks?
It will hardly make any impact, says an analyst.
Malaysian banks' base rates unlikely to rise
OCBC Malaysia and UOB Malaysia are merely normalizing their rates.
Malaysian banks' absolute NPLs rose 2.1% in November 2015
The credit cycle may have turned.
Heightened competition from foreign players a 'very gradual affair' for Malaysian banks
ATM liberties accorded to TPPA member countries are subject to reciprocity.
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