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KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist.
KUCHING, Dec 2 (Bernama) -- SME Corporation Malaysia plans to target more micro, small and medium enterprises (MSMEs) from Sarawak to receive benefits through programmes that will be implemented in 2025, in line with the aspirations of a more equitable and inclusive MADANI Economy framework.
KUALA LUMPUR, Nov 29 (Bernama) -- Public Bank Bhd’s net profit for the third quarter (3Q) of financial year 2024 improved to RM1.91 billion from RM1.70 billion last year from healthy loans and customer deposits growth.
KUALA LUMPUR, Nov 29 (Bernama) -- Hong Leong Bank and Hong Leong Islamic Bank are offering to defer payments for loans, financing facilities and credit cards for six months for affected flood customers.
KUALA LUMPUR, Nov 29 (Bernama) --The official reserve assets amounted to US$117.59 billion, while other foreign currency assets amounted to US$5.7 million as at end-October 2024, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Nov 28 (Bernama) -- Alliance Bank Malaysia Bhd has posted a higher net profit of RM189.91 million in the second quarter of its financial year ending March 2025 (2Q FY2025) compared to RM185.33 million in the same period last year.
KUALA LUMPUR, Nov 28 (Bernama) -- Hong Leong Bank Bhd’s net profit rose 5.8 per cent to RM1.09 billion in the first quarter ended Sept 30, 2024 (1Q FY2025) from RM1.03 billion in the same period last year.
KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)
PETALING JAYA, Nov 27 (Bernama) -- The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).
KUALA LUMPUR, Nov 27 (Bernama) -- AMMB Holdings Bhd’s (AmBank Group) net profit for the second quarter (2Q) ended Sept 30, 2024, climbed to RM500.57 million from RM469.78 million in the same period a year ago.
KUALA LUMPUR, Nov 26 (Bernama) -- Emerging Markets Global Advisory Limited (EMGA) has secured US$210 million debt finance for their long-standing Brazil based client, BTG Pactual (BTG). (US$1=RM4.45)
KUALA LUMPUR, Nov 26 (Bernama) -- Malayan Banking Bhd’s (Maybank) net profit rose by 7.6 per cent to RM2.54 billion in the third quarter ended Sept 30, 2024, compared with RM2.36 billion in the same period last year.
