Malaysia
Malaysia’s UBB Investment Bank fined $2.45m for reporting failures
Malaysia’s UBB Investment Bank fined $2.45m for reporting failures
UBBIB also failed to properly identify and verify customers’ identity during onboarding.
17 hours ago
Ant International’s Muslim Pro deal spreads pilgrimage costs over 24 months
Families can pay for flights hotels meals and transport in instalments.
Malaysian banks to see stable profit despite margin and deposit pressures
The banks' established deposit franchises should mitigate competition pressure.
RHB launches Malaysia’s first bank-owned payment gateway
The platform routes online collections straight into RHB accounts with automated reconciliation.
Maybank takes full control of Etiqa in $1.2b deal
The bank already controls 69.05% of the Etiqa holding company.
HLB Private Bank debuts two private market funds
The Private Markets Evergreen Income Fund is touted as having a "robust defensive framework."
CIMB launches Private Wealth segment
It will offer protection, lending, and investment products to affluent ASEAN customers.
Maybank Islamic launches no-fee credit card with 14% profit rate
The card will launch in October 2026.
CIMB Islamic to launch no annual fee credit card in October
CIMB Lite-i will have a profit rate of 14% per annum across all tiers.
Only 1 in 4 Malaysian banks trust AI outputs for decisions: study
Only 26% of financial institutions have a defined strategy for AI adoption.
RHB Bank Berhad clinches two wins at Asian Banking & Finance Retail Banking Awards 2026
The bank enabled instant auto financing approval and integrated ESG principles into its home loan solutions.
AhaPay and DirectD to offer BNPL to Malaysian tech shoppers
Malaysia has about 7.5 million active BNPL users, according to official data.
Cash loses ground as digital wallets dominate Malaysia e-commerce
The government is promoting electronic transactions to improve tax compliance.
Malaysia bank loans up 5.7% in May on record business loan growth
Utility loans grew 38.1%, whilst household loans sustained its 5.5% growth rate.
CIMB receives accolade for Initiative Award for Asset Tokenisation - Malaysia
It aims to advance a tokenised financial infrastructure to democratise market access and address issues.
SME Bank Malaysia names Samad Majid Zain as CEO
He previously worked as a group chief operating officer at an investment bank.
Maybank arms relationship managers with new AI advisory tools
Advisor Assist gives insights, portfolio risk analytics, and next action recommendations.
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