Malaysia
Malaysia's Islamic banks targets of foreign takeovers
Goldman Sachs Islamic Bank, anyone? It may seem the most unlikely of partners, but new banking liberalisation laws in Malaysia will let foreigners own up to 70 percent of an Islamic bank, up from 49 percent.
Malaysia's Islamic banks targets of foreign takeovers
Goldman Sachs Islamic Bank, anyone? It may seem the most unlikely of partners, but new banking liberalisation laws in Malaysia will let foreigners own up to 70 percent of an Islamic bank, up from 49 percent.
Malaysia's Islamic banks targets of foreign takeovers
It may seem the most unlikely of partners, but new banking liberalisation laws in Malaysia will let foreigners own up to 70 percent of an Islamic bank, up from 49 percent. Goldman Sachs Islamic Bank, anyone?
Workers fund shows faith in Malay banks
The Employees Provident Fund has raised its stake in local banking stocks Alliance Financial Group Bhd, AMMB Holdings Bhd, Bumiputra-Commerce Holdings Bhd (BCHB), EON Capital Bhd, Malayan Banking Bhd, Public Bank Bhd and RHB Capital Bhd.
Malaysian banks enhance risk management systems
Affin Bank, Alliance Bank Malaysia and OCBC Bank have beefed up its risk management systems.
Bank Rakyat assists laid-off borrowers
Bank Rakyat is prepared to extend the loan repayment period of borrowers who have been retrenched. The bank's objective is to ease borrowers' financial burden in these difficult times, but borrowers who have been laid off must make a written appeal, said Managing Director Datuk Kamarulzaman Che Mat.
Dorner: Ampang strategic for Islamic offering
HSBC Amanah Malaysia Berhad opened its third branch in Ampang Point, Selangor. The opening was officiated by Irene Dorner, Chairman of HSBC Amanah Malaysia, and Musa Abdul Malek, Chief Executive Officer of HSBC Amanah Malaysia.
Public Bank and ING unveil lady and child plans
Public Bank and ING launched separate insurance plans for females and children.
Malaysia's CIMB acquires 19.99% of Chinese bank
CIMB created a strategic link to China with its acquisition of 19.99 percent stake in Bank of Yingkou.
Public Bank registers 4% loan growth for 1st quarter
Public Bank reported a loan growth of US$1.4 billion to reach US$38.8 billion as at the end of March 2009. The growth, pegged at 4 percent, is much higher than the banking industry’s loan growth rate of 0.4 percent for the first two months of 2009.
UOB (Malaysia) introduces new UOB eAccount
United Overseas Bank (Malaysia) Bhd has introduced the new UOB eAccount, an online savings account aimed to provide banking convenience to customers.
Public Bank launches Phase II of PB Lifestyle
Public Bank has launched the PB Lifestyle (Phase II) - Live Up Your Life with PB Cards campaign, after receiving positive response for its More Swipes, More Rewards campaign or PB Lifestyle (Phase I).
RHB upgrades customer contact centre with HP
The RHB Banking Group (RHB) has launched its enhanced customer contact centre that features IT services and solutions from Hewlett-Packard (HP).
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