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Public Bank Sees Minimal Credit Exposure To US Tariff Risks

KUALA LUMPUR, May 8 (Bernama) -- Public Bank Bhd sees minimal credit exposure to potential United States (US) tariff risks, estimating that less than three per cent of its total loans may be affected with asset quality expected to remain stable.

Affin Gets A3 Rating With Stable Outlook From Moody's

KUALA LUMPUR, May 7 (Bernama) -- Affin Group has received its first international credit rating of A3 with a stable outlook from Moody’s Ratings.

Bank Rakyat Partners With Mastercard To Launch Touch Card For Visually Impaired

KUALA LUMPUR, May 7 (Bernama) -- Bank Rakyat and Mastercard have collaborated to integrate Mastercard’s Touch Card feature into a selected range of bank cards to help blind and partially sighted cardholders identify their credit, debit and prepaid cards.

Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened higher today but retreated thereafter, driven by mild profit-taking in selected heavyweights as Wall Street continued its uptrend, analysts said. 

Maybank Pioneers First Pilot Single Family Office In Forest City

KUALA LUMPUR, May 5 (Bernama) – Malayan Banking Bhd (Maybank), together with its client ONE KL Management Sdn Bhd (ONE KL), has secured the first pilot single family office establishment under the Malaysian Single Family Office scheme in the Forest City Special Financial Zone (FCSFZ).  

CIMB Bank To Purchase 16 Properties From EPF For RM210 Mln

KUALA LUMPUR, May 2 (Bernama) -- CIMB Group Holdings Bhd’s wholly-owned subsidiary CIMB Bank Bhd will purchase 16 properties from the Employees Provident Fund (EPF) for a total cash consideration of RM209.81 million. 

Maybank Appoints Shafiq Abdul Jabbar As Group CFO

KUALA LUMPUR, April 30 (Bernama) -- Malayan Banking Bhd (Maybank) has appointed Shafiq Abdul Jabbar as group chief financial officer (CFO), effective July 7, 2025.

Affin Launches New Privileges For Premier Cardholders

SHAH ALAM, April 30 (Bernama) -- Affin Group today unveiled exclusive new privileges for its Affin Premier cardholders, offering a first-class golfing experience in a modern and relaxed environment in collaboration with La Casa Leal restaurant.

BNM: Headline Inflation Eases To 1.4 Pct, Core Holds In March

KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s headline inflation moderated to 1.4 per cent in March 2025, down from 1.5 per cent in February, while core inflation held steady at 1.9 per cent, Bank Negara Malaysia (BNM) said.

Labuan IBFC Records Robust Growth Across Key Sectors In 2024

KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded robust growth across key sectors in 2024, with developments driven by regulatory adaptability and market innovation.

Bursa Malaysia Extends Uptrend For Third Day On Renewed Buying Interest

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia extended its uptrend for a third consecutive day on Friday, closing higher on renewed buying interest amid positive regional market performance due to potential de-escalating US-China trade tensions.

Not All QR Codes Are Safe, Kaspersky Warns

SINGAPORE, April 25 (Bernama) – The usage of quick response (QR) codes among Malaysians has become the new normal — from banking services and exchanging contacts to ordering food.