LATEST NEWS   AXIS REIT targets total acquisition value of RM300 million this year - CEO | The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar - AmBank chief economist | BNM will maintain its accommodative stance and keep the OPR steady through at least 1H2025 - AmBank chief economist | Malaysia’s GDP growth is expected to moderate to 4.6 pct in 2025, supported by infrastructure projects, private investment realisations and strong private consumption - AmBank chief economist | The KLIA aerotrain is set to resume in Q2, with no impact on Malaysia's ASEAN chairmanship - MAHB Managing Director | 

There are 95 news based on search keyword " banks"

Northern Trust Expands APAC Presence With First Institutional Client In Fiji

KUALA LUMPUR, Nov 14 (Bernama) -- Northern Trust has been selected to provide custody services for Fiji’s sole compulsory superannuation fund, the Fiji National Provident Fund (FNPF).

Credit Growth Of Malaysian Banks To Improve To 6.0 Pct In 2025 - S&P Global

KUALA LUMPUR, Nov 14 (Bernama) -- The credit growth of banks in Malaysia is projected to improve to 6.0 per cent in 2025, benefiting from higher economic growth and an increase in corporate demand led by key infrastructure projects, according to S&P Global. 

Labuan FSA Advances Islamic Fintech, Captive Insurance With Shariah Blockchain, Zero-tax Incentive

By Jailani Hasan

LABUAN, Nov 8 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) is strengthening its digital and Islamic finance landscape with the launch of a Shariah-compliant blockchain masterplan and new tax incentives, aiming to transform Labuan into a leading digital financial hub.

Narrowing Of Interest Rate Differentials Positive For Ringgit - BNM Governor 

KUALA LUMPUR, Nov 7 (Bernama) -- The narrowing of interest rate differentials between Malaysia and advanced economies is positive for the ringgit amid volatility in geopolitical developments, said Bank Negara Malaysia (BNM). 

BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks

KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year. 

Wise Platform Partners Standard Chartered To Redefine International Payments Experience

KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

Wise Direct Connection To Philippines' InstaPay Enhances Real-time Transfers

KUALA LUMPUR, Nov 5 (Bernama) -- Global technology company, Wise, has been granted direct access to InstaPay, the Philippines’ real-time payment system, and can also directly settle with the Bangko Sentral ng Pilipinas’ (BSP) real-time gross payment system, PhilPaSS Plus.

Coordinated Efforts, Shared Learning Among OIC States Essential For Digital Transformation - Fahmi

ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.

ABM Welcomes GX Bank, Boost Bank As New Members

KUALA LUMPUR, Nov 4 (Bernama) -- The Association of Banks in Malaysia (ABM) has announced the addition of GX Bank Bhd and Boost Bank Bhd as new members, marking a pivotal moment in Malaysia’s banking industry.

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

Xiangtan Kicks Off Cultural Tourism, Business Conference In Shaoshan County

KUALA LUMPUR, Nov 1 (Bernama) -- The Third Xiangtan Tourism Development Conference and the Fourth Tan Business Conference were held in Shaoshan, Xiangtan city, Hunan Province, from Oct 28 to 29, which combined "cultural tourism" and "Tan businessmen".

Cross Border Transactions Enhanced In Experimental Project -- BIS, Central Banks

KUALA LUMPUR, Oct 28 (Bernama) -- The Bank for International Settlements (BIS) and its central bank partners have successfully demonstrated with Project Mandala that regulatory compliance can be embedded in cross-border transaction protocols.