Malaysia

AmBank Group's pre-tax profit up in Q3

The AmBank Group experienced a surge in pre- tax profit for the third quarter ended Dec 31, 2012 to to RM504.31 million.

AmBank Group's pre-tax profit up in Q3

The AmBank Group experienced a surge in pre- tax profit for the third quarter ended Dec 31, 2012 to to RM504.31 million.

3 possible reasons why Malaysian banks are the laggards of the region

They have underperformed significantly vs their Asean peers.

Loan growth in Malaysia to slow to 11% in 2013F

Rate of compression is likely to ease as well.

PNB Group backs Malaysian govt push for Islamic finance

Investee companies under PNB are leading support for Malaysia's efforts at promoting Islamic finance.

Malaysia's Public Bank posts record 2012 pre-tax profit

Public Bank's pre-tax profit rose to RM5.104 billion in 2012 from RM4.878 billion in 2011.

CIMB surprisingly expects 15% loan growth for FY13

Find out what else to expect from CIMB this year.

What you must know about Hong Leong Bank's all-new PowerSME Current Account

Customers can earn monthly rebates to waive off fees on their banking transactions.

Check out what's changed since CIMB appointed Renzo Viegas as consumer division head

4 units were merged and duplication of back-end processes were removed.

Bank Negara says Malaysia’s banking system remains healthy

The central bank maintains the overnight policy rate at 3% on sound economic fundamentals.

China's ICBC targets expansion in East Malaysia

ICBC sees its expansion in Kuching as a gateway to further expand throughout the Sarawak and into Sabah.

Check out the key business philosophies of Hong Leong Bank's new CFO

Ms Foong Pik Yee aims to cut out waste and invest for growth.

Can Malaysia's banking sector achieve its 10% growth target in 2013?

Check out two possible factors that can drive the sector's growth.

CIMB sells its stake in CIMB Aviva

Total consideration is RM1,110.0 million.

DRB-Hicom to dilute Bank Muamalat stake in 6 months

DRB-Hicom Bhd is hoping to partially divest its 30 percent stake in Bank Muamalat in six months.

Hong Leong Bank unveils new Wise credit card

Cardholders can have up to 10% cash back benefit.

Malaysian Islamic finance sector gains global ground

Malaysia’s Islamic finance services sector now boasts of the world’s largest sukuk market.