10m ago
KUALA LUMPUR, May 26 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a 7.1 per cent increase in net profit to RM2.0 billion for the financial year ended March 31, 2025 (FY2025), compared to RM1.87 billion a year ago.
11m ago
KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to open higher, boosted by renewed buying interest in selected heavyweights, which is in line with positive momentum on the regional market, an analyst said.
11m ago
KUALA LUMPUR, May 8 (Bernama) -- Following is the transcript of Bernama’s email interview with Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour on the Overnight Policy Rate (OPR) and Statutory Reserve Requirement (SRR).
11m ago
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.
11m ago
KUALA LUMPUR, April 17 (Bernama) -- Fitch Ratings is maintaining its mostly neutral outlook for the banking sector across several Asia Pacific (APAC) economies, including Malaysia, noting that they are more resilient to a higher United States (US) tariff regime.
1y ago
KUALA LUMPUR, April 3 (Bernama) -- WeFi Technology Group, a global fintech innovator, has announced the promotion of Nela Mullaj to Chief Operating Officer (COO) for Europe, the Middle East, Africa (EMEA) and Asia-Pacific & Japan (APJ).
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.
1y ago
KUALA LUMPUR, March 26 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects Islamic financing to expand at a steady eight per cent growth rate in 2025 despite global challenges and uncertainties.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to support sustainable economic growth in the long term.
1y ago
KUALA LUMPUR, March 24 (Bernama) – Risks in the non-residential property (NRP) sector remained contained in the second half of 2024 despite continued challenges in the office space and shopping complex segments (OSSC), Bank Negara Malaysia (BNM) said in its Financial Stability Review released today.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
1y ago
KUALA LUMPUR, March 24 (Bernama) -- Financial losses from operational risks reported by financial institutions continued to be small in the second half of 2024 (2H 2024), accounting for only 0.03 per cent of total banking system capital compared to 0.05 per cent in the first six months.