Malaysia
A news era for PPPs in Malaysia?
A news era for PPPs in Malaysia?
In June Prime Minister Datuk Seri Najib Razak, presented the fourth and final pillar of the Vision 2020 implementing framework: the 10th Malaysia Plan. The five year development plan, with a total expected investment of RM230 billion (approximately USD 70 billion), aims among other things to increase private sector participation in the Malaysian economy through a variety of means including public-private partnerships.
UOB Malaysia wants more privilege banking customers
Bank targets additional 4,000 elite customers by year-end and total of 50,000 by end of 2015.
CIMB Islamic launches Ijarah Property Financing-i
First lender in Malaysia to offer home financing based on Ijarah concept.
OCBC to kickstart 'Go China' campaign
Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
Great Eastern and Koperasi Tentera JV bags Family Takaful licence
Licence will enable Great Eastern Takaful to distribute syariah-compliant life insurance products in Malaysian market.
More Malaysian banks introduce environment-friendly technology financing
Government provided headway to nation by setting up $477.36mln Green Technology Financing Scheme.
CIMB Islamic optimistic on sukuk issuance
Lender sees product to surpass $20bln as global sukuk market is rebounding from crisis.
Maybank targets expansion beyond Singapore and Indonesia
Malaysian lender prepares for transforming itself to become top regional bank within 5 years.
CIMB to invest $351.61mln in 1Platform
Silverlake Axis, Accenture, IDS Scheer and IBM handle large scale technology integrations under 1Platform.
Hong Leong Bank concludes sub debt issuance
Sub debt, whose proceeds to be used for lender's working capital, was 8 times oversubscribed.
Affin to buy Bank Ina Perdana for $48mln
Acquisition will give Affin Bank direct majority shareholding of 80% in the Indonesian bank.
Regulator backs Hong Leong's $1.7bln EON Cap acquisition
HLBB also earned approval from the Minister of Finance to acquire subsidiaries of EON Cap.
Maybank expects $29.75bln transaction value for trade finance
Bank's performance and rebounding economy prompts lender to dominate more than 22.6% of trade finance pie.
Maybank seeks 53% additional mobile banking customers
Enhanced M2U mobile capabilities aimed to capitalise on Malaysia's impressive 37% jump in smartphone sales.
Maybank Islamic unveils Waqf product
Contributions will be managed to create continuous stream of funds towards charity programmes by YWM.
Nomura opens branch in Labuan
Labuan Financial Services Authority gives lender license that enhances the suite of financial solutions in Malaysia.
Bank Negara approves CIMB's stake purchase
CIMB Group will issue 134 million shares to Khazanah Nasional to acquire CIMB Niaga stakes.
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