Malaysia

Maybank has opened a new branch at Stung Meanchey, in Phnom Penh, to expand its network in Cambodia to 11.

Agrobank Bhd is eyeing growth in downstream activities in the agriculture sector as part of its strategy in diversifying loan portfolio for next year.

Malaysian banking's performance is likely to be moderate next year in line with the economy.

Bank Mandiri allocated US$439 million for its customers' needs during Christmas and New Year.

The amount of money borrowed by self-employed entrepreneurs in South Korea accounted for 33.9 percent of all loans taken out by SMEs.

The country seeks to triple its financial sector by the end of this decade.

But it is yet to have the central bank and finance ministry's approval for the bid.

Kazakhstan has invited Malaysians to invest in the country's Islamic finance sector.

Requirements have been relaxed for Indonesia's state-run Bank Mandiri to operate in Malaysia by the end of next year.

Public Bank and Visa is now offering a premium card to help affluent customers enjoy the finer things in life.

Bank Islam expects better fourth quarter results ending Dec 31, said managing director Datuk Seri Zukri Samat.

Newly launched Maybank eCustody to provide the "final link" in the group's overall electronic banking offering to clients.

Bangkok Bank will opening another four branches in Malaysia by 2016, says CEO Robert Loke.

Financial institutions in Singapore may now obtain Singapore dollar liquidity from MAS by pledging Malaysian ringgit or ringgit-denominated sovereign and central bank securities.

Noor Islamic Bank is mulling an expansion to Malaysia to tap opportunities in Southeast Asia.

RHB may issue new shares equivalent to as much as 10 percent of its existing equity to pay for the unit, according to Bloomberg.