Malaysia

Skyro secures Malaysia digital moneylending license

It will offer cash loans and introduce other credits products over time.
2 days ago

Bank Negara Malaysia urged to cut reserves to spur green lending: think tank

The central bank is also encouraged to offer preferential rates to banks for green loans.
3 days ago

Over half of Malaysian bank loans exposed to nature risks

Financing opportunities abound for sustainable agriculture and water management.
4 days ago

Which Malaysian banks exhibit the most nature disclosure readiness?

Banks with stronger capabilities may increasingly support better borrower selection, amongst others.
6 days ago

Maybank saves $9.56m through small process changes

The bank says its initiatives have saved 2.17 million working days.
6 days ago

Malaysia nears universal accounts but formal borrowing lags at 15%

Progress is driven by habits established early in Malaysians’ financial journeys.

Malaysia’s GXBank and IFC ink risk-sharing deal

IFC will provide up to $4.95m in unfunded first-loss coverage.

RHB Bank rolls out Makeover Flexi Loan in Malaysia

Financing tenure is up to 35 years or until the borrower reaches the age of 70.

Malaysian bank liquidity holds in July as business loans accelerate to 7.5%

Gross and impaired loan ratios were unchanged during the month.

Hong Leong Bank debuts HLB opus credit card

The card is crafted in ceramic, the Malaysian bank said.

Maybank profit meets estimates as NOII swings 165% in Q2 recovery

NOII contracted 15% in H1 but recovered 165% in Q2 compared to Q1.

CIMB profit dips 0.19% to $955.42m in H1

CIMB expects net interest margin pressures are expected to progressively ease.

CIMB secures 10,000 Infineon Melaka staff in payroll tie-up

Employees enrolled in CIMB@Work will get 20% cashback on tolls, transits, and Visa debit card overseas spend.

Malaysia’s UBB Investment Bank fined $2.45m for reporting failures

UBBIB also failed to properly identify and verify customers’ identity during onboarding.

Ant International’s Muslim Pro deal spreads pilgrimage costs over 24 months

Families can pay for flights hotels meals and transport in instalments.