Malaysia

Perodua urged local banks to implement new guidelines in stages to allow a soft landing for both the players and consumers.

BIMB Holdings' profit before zakat and taxation is up 47 percent to US$189.2 million for the financial period ended Dec 31, 2011.

Hong Leong Financial Group's profit before tax decreased 34.4% to157.8 million for the first fiscal half-year ended 31 December 2011.

For 4Q11 alone, the Group’s net profit of US$374 million was 12% higher than 3Q11.

Standard Chartered Bank has opened its first Saadiq branch in Sabah to strengthen its presence in the state.

The CIMB Group has appointed Katsumi Hatao as its non-independent non-executive director.

Maybank posted RM3.563 billion or US$1.18 billion in pre-tax profit in the first six months ended Dec 31, 2011.

Bank Simpanan Nasionalrecorded 35,917 transactions valued at RM2,974,927 since the start of its aggressive drive to promote Banking Beyond Branches.

Bank Permata reported an increase in profit last year as loan demand by Indonesian consumers and corporations rose and the economy grew.

New guidelines for automotive loan borrowers will be discussed following the 25 % drop in sales of new motor vehicles last month, says Proton.

All loan applicants under the PTPTN must open an account with the SSPN through Maybank or Bank Islam.

CIMB Niaga's president director Arwin Rasyid says Indonesia is in its “golden years” and lenders will benefit.

Malaysia's Finance Ministry along with banks have created a finance cluster to help traders and entrepresenurs in Rural Transformation Centres  expand businesses.

Bank Muamalat started its repositioining program of upgrading and reocating branches with its 57th branch in Temerloh.

China's micro-credit sector experience massive growth with encouragement from the government.

CIMB Group’s Asian expansion plan will not be significantly impacted by its purported acquisition of Asian assets of the RBS.