Malaysia
Public Bank posts 18% YoY net profit growth for 1H 2023
Public Bank posts 18% YoY net profit growth for 1H 2023
Its overseas operations accounted for 7.8% of the overall earnings.
MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors
Proceeds will be used for working capital needs related to EVs.
Public Bank ties with PRO-NET, bolster presence in NEV industry
The bank commits NEV lending to reach RM33b by 2025.
Malaysia’s Public Bank extended $2.6b 'affordable home' loans in 2022
The bank has given out RM67b in commercial loans to Malaysian SMEs.
Malaysia’s Curlec by Razorpay launches payment gateway
Curlec targets RM10b in annualised gross transaction value by 2025.
Malaysia's Public Bank funds $262,000 to eco-schools programme
The programme aims to promote climate education in schools using a project-based learning approach.
Alipay+ payments now accepted across 2,400 7-Eleven Malaysia stores
Users of AlipayHK, GCash, Kakao Pay, and TrueMoney can now use their mobile wallets in these stores.
CIMB emphasises promise of SME assistance
CIMB has granted over RM1.0b ($210m) in financial payment SME relief assistance
CIMB collaborates with Sun Life and CTOS, to introduce ASB financing solution
It aims to amplify financial literacy amongst Malaysians.
Maybank's asset quality, profitability to remain stable: Moody's
Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%.
Hong Leong Islamic Bank names Dafinah Ahmed Hilmi as CEO
She spent the last 19 years working at HSBC.
How experts see the digital battleground of banks, payment firms
Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends.
Kenanga Investment Bank commemorates 50 years
Clients can anticipate the Wealth SuperApp launch.
Malaysia's AmBank, Alp Capital unveil point-of-sale QR payment for retailers
The new feature reduces the time spent reconciling transactions and e-wallet payments separately.
CIMB reaps benefits from de-risking, cost optimisation initiatives
Net interest margin compression will be offset by improved profits and stable capital.
Deposit war squeezes Malaysian banks’ margins
There is a steady outflow of savings deposits into higher-yielding fixed deposits, says S&P.
Public Bank unveils PB SecureSign in major security overhaul
This is in line with the bank’s commitment to boost cyber protection.
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