Malaysia
CIMB optimistic currency exchange unit to grow to $496mn
Month-on-month transaction growth of 11% has been achieved by the bank since it introduced foreign currency dispenser machines.
CIMB optimistic currency exchange unit to grow to $496mn
Month-on-month transaction growth of 11% has been achieved by the bank since it introduced foreign currency dispenser machines.
Zainal Abidin is new CIMB chairman
CIMB Bank has appointed Datuk Zainal Abidin Putih as chairman of the board of directors.
EON Bank's new campaign designed to boost deposits
EON Bank will use a new campaign to grow its total customer deposits by 15.7 per cent this year.
CIMB targets ASEAN expansion
CIMB Group is eyeing mergers and acquisitions to expand its Southeast Asian franchise.
Bank Islam ups stake in Sri Lankan bank
Bank Islam's stake in Sri Lanka's Amana Bank has increased to 20 per cent after an additional eight per cent acquisition.
RHB targets July completion of deal with Bank Mestika
The Malaysian lender seeks pending regulatory approval from Indonesia as Bank Negara Malaysia has already approved the deal last January.
Maybank enhances security for Internet banking portal
Maybank has added enhanced security features to its Internet banking portal, Maybank2u.com.
Sumitomo Mitsui to begin Malaysia operations April 11
Sumitomo Mitsui Banking Corp announced that that its subsidiary in Kuala Lumpur will begin operations on April 11.
Former Minister complains of too many banks in Malaysia
Former Finance Minister Tun Daim Zainuddin feels there are now "way too many banks" in Malaysia.
Maybank starts issuing initial $330.52mn Islamic sukuk
Malaysian Rating rated the sukuk AA+IS and carried a tenure of 10 years from the issue date on a 10 non-callable five basis.
Bank Rakyat gets go signal to increase share capital
Bank Rakyat received Bank Negara Malaysia's approval to increase its share capital from two billion to three billion.
RHB Bank unveils 2 transaction banking services
With the new products, trade products can now be issued and settled in renminbi and value-added services can now be added to the existing export collection service.
Public Bank appoints Tang Wing Chew director
Tang has 45 year experience in financial services industry, starting as a Bank Negara Malaysia assistant economist.
Malaysian Banks expected to maintain ROE with Basel III
Accenture expects Malaysian banks to maintain their return on equity after implementation of Basel III.
OCBC Bank Malaysia joins MEPS network
The lender’s entry to the network waives fees in ATM withdrawal via any OCBC branch in Singapore and Indonesia..
EON Bank on hunt for new chief
The lender to find replacement of Michael Lor through talent search companies.
Bank Rakyat to boost Islamic pawn broking business
Bank Rakyat will open 13 Ar-Rahnu X'Change Franchise branches to bring its total to 30 branches this year.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
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