Bursa Malaysia Lower At Midday
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended the morning session slightly lower, in tandem with regional markets, as US President Donald Trump unveiled his reciprocal tariffs plan.
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RHB Bank Subscribes To Additional Shares In Boost Bank Worth RM51 Mln
KUALA LUMPUR, March 27 (Bernama) -- RHB Bank Bhd has subscribed to an aggregate of about 51 million new shares in Boost Bank for RM51 million since May 17, 2024, in order to maintain its 40 per cent equity interest in the digital bank.
Malaysian Banks To See Moderate Profit Growth In 2025 On Steady Loan Expansion -- RAM Ratings
KUALA LUMPUR, March 7 (Bernama) -- Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
Banking Sector Remains Bullish; Dividend Expected At 5.0-6.0 Pct
KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
RHB Bank Eyes Strong FY2025, Banking On Up To 7 Pct Loan Growth
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd expects its stellar financial year of 2024 (FY2024) performance to continue into FY2025, banking on the positive loan growth of between six to seven per cent, said managing director and chief executive officer Datuk Mohd Rashid Mohamad.
RHB Bank's Net Profit Surges To RM3.12 Bln In FY2024
KUALA LUMPUR, Feb 27 (Bernama) -- RHB Bank Bhd’s net profit increased to RM3.12 billion in the financial year ended Dec 31, 2024 (FY2024) from RM2.81 billion in FY2023, driven by strong total income growth.
RHB Raises Sustainable Financing Target To RM90 Bln By 2027
KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.
Bargain Hunting Lifts Bursa Malaysia To Open Higher
KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions
KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).
Bursa Malaysia Appoints Fad'l Mohamed As New CEO
KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd has appointed Datuk Fad’l Mohamed as its new chief executive officer (CEO), effective March 1, 2025.
Bursa Malaysia Opens Higher But Retreats Thereafter
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated thereafter due to extended profit taking in selected heavyweights as investors remained on the sidelines due to the lack of fresh leads, dealers said.
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.