Malaysia
CCB eyes stake in EON Capital
China Construction Bank Corporation and has approached the Malaysian Finance Ministry for permission to speak to EON's major shareholders. The bank is said to be eyeing a stake in EON Capital.
CCB eyes stake in EON Capital
China Construction Bank Corporation and has approached the Malaysian Finance Ministry for permission to speak to EON's major shareholders. The bank is said to be eyeing a stake in EON Capital.
Bank Syariah Mandiri profit up 44% to $48.5mn
The lender said it gained more trust from customers since its third-party fund placement increased by 50%.
Bank Rakyat’s first quarter profit up 18.3% to $123mn
Growth in overall financing balance and excellent asset quality fueled the increased in profit.
Maybank receives approval for notes programme
The programme also enables Maybank to issue notes, senior and/or subordinated notes in currencies other than ringgit.
RHB Bank targets expansion in Singapore and Indonesia
The lender to get more out of the impressive performance of its Singapore unit as its pre-tax profit there jumped by 49%.
Maybank targets debit card spending
Maybank is eyeing a 100 per cent growth for customers' debit card spending in the current financial year. The bank will popularise debit card use through promotions and expanding the number of merchants offering debit card payment.
Bank Rakyat's branch surpasses I-Aslah loans target
Bank Rakyat's Pasir Mas branch exceeded its target for the I-Aslah loans scheme in giving out loans totalling more than RM31 million for the first three months of this year.
AIA Group to form Malaysia subsidiary
AIA Bhd is part of the group’s strategy on organic growth in Asia.
CIMB's new pension fund in place by year-end
CIMB will implement a new private pension scheme in Malaysia.
Malaysian card issuers to use SMS in transaction alerts
Malaysian card issuers will be implementing transaction alerts via short messaging service to their cardholders in the case of certain types of transactions and of certain triggers.
Maybank eager for more IPOs after Kim Eng share buy
The purchase provides Maybank platform to expand services that includes IPOs within Southeast Asia.
Union pickets Maybank headquarters
Members of the National Union of Bank Employees held a peaceful one-and-a-half hour picket in front of Menara Maybank.
Maybank appoints 4 senior officers
The assignments aim to empower the group with extensive management experience and expertise in key areas for its next phase of growth as a regional leader.
CIMB optimistic currency exchange unit to grow to $496mn
Month-on-month transaction growth of 11% has been achieved by the bank since it introduced foreign currency dispenser machines.
Zainal Abidin is new CIMB chairman
CIMB Bank has appointed Datuk Zainal Abidin Putih as chairman of the board of directors.
EON Bank's new campaign designed to boost deposits
EON Bank will use a new campaign to grow its total customer deposits by 15.7 per cent this year.
CIMB targets ASEAN expansion
CIMB Group is eyeing mergers and acquisitions to expand its Southeast Asian franchise.
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