Malaysia
Bank Islam ups stake in Sri Lankan bank
Bank Islam's stake in Sri Lanka's Amana Bank has increased to 20 per cent after an additional eight per cent acquisition.
Bank Islam ups stake in Sri Lankan bank
Bank Islam's stake in Sri Lanka's Amana Bank has increased to 20 per cent after an additional eight per cent acquisition.
RHB targets July completion of deal with Bank Mestika
The Malaysian lender seeks pending regulatory approval from Indonesia as Bank Negara Malaysia has already approved the deal last January.
Maybank enhances security for Internet banking portal
Maybank has added enhanced security features to its Internet banking portal, Maybank2u.com.
Sumitomo Mitsui to begin Malaysia operations April 11
Sumitomo Mitsui Banking Corp announced that that its subsidiary in Kuala Lumpur will begin operations on April 11.
Former Minister complains of too many banks in Malaysia
Former Finance Minister Tun Daim Zainuddin feels there are now "way too many banks" in Malaysia.
Maybank starts issuing initial $330.52mn Islamic sukuk
Malaysian Rating rated the sukuk AA+IS and carried a tenure of 10 years from the issue date on a 10 non-callable five basis.
Bank Rakyat gets go signal to increase share capital
Bank Rakyat received Bank Negara Malaysia's approval to increase its share capital from two billion to three billion.
RHB Bank unveils 2 transaction banking services
With the new products, trade products can now be issued and settled in renminbi and value-added services can now be added to the existing export collection service.
Public Bank appoints Tang Wing Chew director
Tang has 45 year experience in financial services industry, starting as a Bank Negara Malaysia assistant economist.
Malaysian Banks expected to maintain ROE with Basel III
Accenture expects Malaysian banks to maintain their return on equity after implementation of Basel III.
OCBC Bank Malaysia joins MEPS network
The lender’s entry to the network waives fees in ATM withdrawal via any OCBC branch in Singapore and Indonesia..
EON Bank on hunt for new chief
The lender to find replacement of Michael Lor through talent search companies.
Bank Rakyat to boost Islamic pawn broking business
Bank Rakyat will open 13 Ar-Rahnu X'Change Franchise branches to bring its total to 30 branches this year.
Agrobank eyes $66M in deposits
Agrobank hopes to raise US$66 million in deposits through a six-month campaign beginning May.
Alliance Bank Malaysia partners with Chalkboard to increase walk-in traffic
The service allows customers to locate the nearest branch of Alliance bank through the computer or through mobile phones.
Assets of Malaysia’s Islamic banks up 16% to $116bn
The Southeast Asian nation expects more Islamic bank investors as it issues new permits this year for Islamic banks with a minimum capital of $1bn.
OCBC sees robust growth for dual currency investment in Malaysia
DCI benefits those who conduct business transactions in the alternate currency, especially those in import-export businesses.
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