Malaysia
Cautious corporates could drag Malaysian bank lending to 6% in 2018
Cautious corporates could drag Malaysian bank lending to 6% in 2018
Businesses are holding back borrowing as they await policy clarity.
OCBC Malaysia to allow payment card personalisation via mobile app
It has tapped on fintech firm Ondot.
RHB Bank ties up with Tokio Marine to roll out life insurance plan
The scheme has plans with premiums as low as $1.45.
Outdated property rules may bite Malaysia's Islamic banks
Real estate treatment by lenders still reflect Basel II norms.
Malaysian banks' profit growth slow to 8.8% in Q2
This comes from double-digit growth of 11.8% in Q1.
Malaysian banks race fintechs in offering digital services to the emerging affluent
How are banks grabbing digital as an opportunity to provide convenience to its evolving clientele?
Chart of the Week: Malaysian banks CASA growth slower than total deposits in July
Total systems deposits growth picked up by 5.8% in July.
Car loans rev up Malaysian bank lending to 5.3% in July
Consumers took advantage of the GST-free period to buy cars.
Hong Leong Bank profit surged 33.3% to $156.25m in Q4
Lower provisions and strong cost management boosted earnings.
RHB Bank profit up 16% to $281.83m in H1
Half-year earnings were boosted by net fund based and non-fund based income.
Maybank profit up 18.1% to $474.97m in Q2
Lower impairments and expenses boosted quarterly earnings.
RHB Bank to roll out digital loan application platform
It has tapped on fintech iMoney and credit information bureau RAMCI.
Hong Leong Bank enables merchants to accept WeChat Pay
HLB customers can now bind their debit cards into the Chinese e-wallet system.
AMBank profit up 5.9% to $84.93m in Q1
Expenses fell 7% to $125.19m amidst the bank’s efficiency programme.
Chart of the Week: Malaysian banks bad loans down to 1.59% in June
Banks shed bad loans in construction and working capital.
Malaysia Public Bank profit up 4.8% to $341.84m in Q2
Its Islamic banking unit performed strongly.
Malaysian banks loan growth remains dismal at 5% in June
Working capital loans failed to recover fast enough.
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