There are 458 news based on search keyword " banking "

KSI Forecasts Malaysia's Economic Growth At 4.9 Pct For 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).

Private Non-financial Sector Credit Growth Up 5.2 Pct In November

KUALA LUMPUR, Dec 31 (Bernama) -- Credit to the private non-financial sector grew by 5.2 per cent in November versus 5.1 per cent in October 2024, driven mainly by higher growth in corporate bonds (3.8 per cent; October 2024: 2.6 per cent), according to Bank Negara Malaysia (BNM).

ASEAN Countries Can Emulate Malaysia To Include Sustainability In Renewed Trade Deals

By Nor Baizura Basri

KUALA LUMPUR, Dec 30 (Bernama) -- ASEAN economies can emulate Malaysia’s move to renew some of its bilateral trade deals with partner countries to include sustainability elements and the changing dynamics of the global investment landscape.

Bank Islam Surpasses RM4 Bln Green Financing Target, Well Ahead Of 2025 Goal

KUALA LUMPUR, Dec 26 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal.

FBM KLCI Higher At Midday, Tracking Key Regional Peers

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia ended the morning session higher, supported by positive cues from Wall Street and regional markets.

Renewed Buying Interest Lifts FBM KLCI To Close Higher

KUALA LUMPUR, Dec 23 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) staged a rebound from last Friday’s losses to close higher today, underpinned by renewed buying interest in banking stocks, in line with the mostly positive regional market performance, said an analyst.

Bursa Malaysia Confirms Embarking On Succession Plan Amid Reports Of CEO Exit

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia Bhd has confirmed that it is embarking on a chief executive officer (CEO) succession plan. This addresses media reports that its current CEO and executive director, Datuk Muhamad Umar, is considering leaving the company.

UnionPay-Weixin Partnership Expands Payment Options For International Visitors In China  

KUALA LUMPUR, Dec 20 (Bernama) -- UnionPay International has recently collaborated with Weixin Pay, which enables users of international UnionPay-powered wallets to scan Weixin Pay payment codes in the Chinese mainland.

Maybank’s Values-Driven Financial Services To Empower Region As Malaysia Assumes ASEAN Chairmanship

KUALA LUMPUR, Dec 20 (Bernama) -- The continuous strengthening of the ASEAN economy in the last decade showcased the true resilience of the region, coupled with promising economic prospects owing to its strategic location, diverse economies, and commitment to regional integration.

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.

 

Financial Institutions Block RM302 Mln In Fraudulent, Suspicious Transactions Since Sept 2024 - Lim

KUALA LUMPUR, Dec 19 (Bernama) -- Financial institutions in the country have successfully blocked a total of RM302 million in fraudulent and suspicious transactions as of September 2024, said Deputy Finance Minister Lim Hui Ying. 

TEMENOS SELECTED TO MODERNISE AHAM CAPITAL'S FUND ACCOUNTING PLATFORM IN MALAYSIA

KUALA LUMPUR, Dec 18 (Bernama) -- Temenos, an open platform for banking, announced that AHAM Capital has selected its Multifonds Global Accounting, delivered as Software as a Service (SaaS) to drive scalable automation and future growth in the Malaysian market.