23d ago
KUALA LUMPUR, Dec 2 (Bernama) -- Malaysia’s banks will offer goodwill discounts for early settlement of existing fixed-rate hire-purchase agreements following the Dewan Negara’s passing of the Hire-Purchase (Amendment) Bill yesterday.
23d ago
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia ended the morning session higher today, supported by the strengthening ringgit amid improving investor sentiment.
23d ago
KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.
24d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Xiamen International Bank has operated from the Xiamen Special Economic Zone since 1985, expanding nationwide and establishing global connections while participating in China’s financial opening-up.
24d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.
27d ago
KUALA LUMPUR, Nov 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) increased to RM2.08 billion from RM2.03 billion in the same period last year.
28d ago
KUALA LUMPUR, Nov 27 (Bernama) -- Hong Leong Bank Bhd (HLB) reported a slightly higher net profit of RM1.09 billion for the first quarter ended Sept 30, 2025 (1Q) compared with RM1.089 billion recorded in the same period a year ago.
28d ago
KUALA LUMPUR, Nov 27 (Bernama) -- The third-quarter 2025 (3Q 2025) results season is tracking better than the second quarter (2Q 2025), supporting market sentiment as earnings improve in the technology and rubber glove sectors—both key underperformers in the first half of 2025.
28d ago
KUALA LUMPUR, Nov 27 (Bernama) -- Banks are offering a range of flood-relief assistance, including deferment of loan or financing instalments to provide temporary financial relief and special financing facilities to assist customers in repairing and restoring their homes and businesses.
29d ago
KUALA LUMPUR, Nov 26 (Bernama) -- MBSB Bhd posted a lower net profit of RM95.64 million in the third quarter of the financial year ended Sept 30, 2025 (3Q FY2025), compared to RM122.08 million a year earlier.
29d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia recorded a 48 per cent growth in Islamic banking market share between 2000 and 2024, placing the country second only to Saudi Arabia globally, according to a report by Standard Chartered (StanChart).
29d ago
KUALA LUMPUR, Nov 25 (Bernama) -- DRB-HICOM Bhd posted a net profit of RM60.62 million for the nine months ended Sept 30, 2025 from RM69.17 million previously, backed by stronger banking, automotive and services sectors