Malaysia
CIMB Islamic, PETRONAS inks deal for Islamic commodity derivatives
This is PETRONAS’ first venture towards Shariah-compliant derivatives.
CIMB Islamic, PETRONAS inks deal for Islamic commodity derivatives
This is PETRONAS’ first venture towards Shariah-compliant derivatives.
Public Bank net profits up 8.7% in 2023; 10 sen interim dividend proposed
Total dividend is 19 sen per share for 2023, to be paid out on 22 March.
RHB Bank net profit rise in 2023; net credit costs to rise in 2024
Net interest margin is expected to be “flattish” in 2024 at 1.9%.
CIMB net profit up 28.3% in 2024; special dividend proposed
The 7 sen special dividend is separate from the annual dividend of 36 sen per share.
Maybank’s full year net profits up 17.5% to $1.96b
The total dividend of 60 sen per share is its highest post-pandemic.
Malaysia’s Islamic banks continues to fly high in 2024: Fitch
Malaysia’s Islamic banking market is the third largest globally.
Malaysia proposes revisions to Islamic banking regulations
The central bank is inviting feedback to its exposure draft, until 31 March.
UOB Malaysia establishes inaugural Islamic debt programme
Tier 2 Sukuk Wakalah was given a fixed profit rate of 4.01% per annum.
Malaysian central bank warns against entities impersonating it
A social media post had claimed that the central bank is supporting an investment platform.
Malaysia unveils proposed guidelines for currency processing
It aims to improve transparency and accountability, amongst others.
Maybank Investment Bank COO Tengku Ariff Azhar Tengku Mohamad named OIC
This is until a new CEO is appointed.
Malaysia’s Alliance Bank opens new branch in Saradise Kuching
The branch has launched exclusive offers to commemorate the launch.
Boost-RHB digital bank clinch official approval to commence operations
Boost Bank aims to pave the way for a new era of embedded finance
Malaysian banks see corporate, household loan growth in November
Outstanding loans extended to SMEs expanded by 7.9% during the month.
Deutsche Bank, CIMB team up to expand Shariah-compliant custody services offerings
CIMB Islamic also named Deutsche Bank as its foreign custody services support.
Malaysia’s CIMB Bank unveils personal loan service for EPF members
They can receive up to RM50,000 in financing.
Grab, Singtel-backed GXBank launches full operations in Malaysia
The digital bank intends to roll out its own debit card in the coming months.
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