Malaysia
Malaysian banks waive fees for interbank fund transfers
The move aims to accelerate the country’s cashless transition.
Malaysian banks waive fees for interbank fund transfers
The move aims to accelerate the country’s cashless transition.
RHB Bank waives instant transfer fees on online platform
Individuals and SMEs will no longer have to pay $0.12 for payments up to $1,241.48.
Malaysian bank loan growth to hit 7% in 2018
However, policy uncertainty over new leadership may dampen sentiment.
Hong Leong Bank's mobile game scores eager following
It is amongst the top trending arcade games on Google Play Store.
Two in five Malaysians open to sharing bank data
However, privacy and security concerns still mar open banking adoption.
Chart of the Week: Bad loans in Malaysia inch up to 1.58% in April
The construction segment had the highest gross impaired loans at 6.96%.
Hong Leong Bank profits hit $173.1m in Q3
Lower than expected credit costs buoyed quarterly earnings.
CIMB hit by lower trading income in Q1 as growth remains muted
Risk aversion brought about by the general elections may impact its investment banking business.
Malaysian bank earnings growth may slow 9.7% in 2018 amidst new leadership
The results of Malaysia's 14th general elections may dampen sector growth.
Chart of the Week: Check out how loans are picking up pace in Malaysia
Industry loan growth clocked in at 4.8% YoY in April.
CIMB debuts one-minute car financing approval feature
A notification via text and email is delivered to the customer upon approval.
CIMB Group profit up 11% to $328.38m in Q1
Lower opex and provisions buoyed quarterly earnings.
Lower expenses push Maybank profits up 10% to $477.39m in Q1
A surge in fee-based income outpaced growth in overhead expenses.
New financial reporting standards will not materially impact Malaysian bank assets: Moody's
MFRS 9 actually represent strengthened credit practices due to higher provision requirements.
Maybank names John Chong as new group CEO of community financial services
He will replace Datuk Lim Hong Tat who will retire on 18 July 2018.
RHB Banking Group appoints Omar Siddiq as head of group wholesale banking
He will report to group managing director, Dato’ Khairussaleh Ramli.
Sluggish approval rates dampen loan growth in Malaysia
Loan approvals on a 3M MA basis fell from 12.6% to 5% in March.
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