Malaysia
CIMB unveils cross-border banking for Singapore and Malaysian customers
CIMB unveils cross-border banking for Singapore and Malaysian customers
This enables fee-waived fund transfers, preferentail forex rates, and bill payments.
RHB Bank Berhad profit up 16% to $496.88m in 2017
Higher net funding income and lower impairment losses on loans boosted yearly earnings.
Malaysian banks to shift focus on investing in digitalisation
66% of banks eye digital maturity by 2020.
Chart of the Week: Check out how Malaysian banks' outstanding loans ballooned over time
System loans, on the other hand, inched up 4.1% in 2017.
Malaysian banks to recover loan growth to 5% in 2018
This is on the back of a low base loan growth of 2.8% in 2017.
See how MFRS9 could affect Malaysian banks' credit costs
Guidance on credit cost run rates from banks post-MFRS9 remains sketchy.
RHB unveils corporate debit card to reduce cheque and cash payments
The initiative is meant for business payments made to government agencies.
Malaysian banks' 2018 net profit growth slows to 7.2%
This is compared to a stronger 13.0% in 2017.
CIMB approves Malaysian banks' interest rate hike
The bank believes it is well-equipped to implement the rate growth.
Digitalisation in Malaysian banks creates 4,500 new jobs
New opportunities are focused on automation and IT.
RHB Banking Group names Dr Arup Raha as chief economist and head of research
He will succeed Lim Chee Sing who retired in June 2017.
CIMB adds retirement planning to insurance solutions
This is through a partnership with Sun Life Malaysia.
What provisions will trend post-MFRS 9 implementation?
Malaysian banks adopted the new standard on January 1, 2018.
Malaysian banks' credit growth hits 5.5% in Nov 2017
It compensated for the sluggish 3.9% industry loan growth.
Malaysian banks' earnings growth to slip to 6.5% in 2018
It's a steep decline from the 13.4% profit growth in 2017.
Malaysian banks' core net profit forecast to grow 5.8% in 2018
Earnings growth could taper off next year.
Chart of the Week: Malaysian banks' business deposits vs individual deposits growth
More than a third of total deposits are business deposits.
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