Philippine central bank keeps interest rates steady at 6.50%
MANILA: The Philippine central bank kept its benchmark rate unchanged at 6.50% for a fourth straight meeting on Monday, as…
Banking
Regulator eyes scrutiny of asset manager stakes in US banks
A top US banking regulator is considering a plan to ensure asset management giants BlackRock, Vanguard and State Street stick…
Bank credit increases again in March
After declining in the first two months of this year, credit of the banking industry in March increased by 0.26%…
‘Ailing US real estate not a concern for banks’
Local banks’ exposure to US property, including its ailing commercial real estate sector, is small as a share of the…
Loan growth for banks expected to be around 6% this year
PETALING JAYA: Analysts are projecting the banking sector to record loan growth of between 5.5% and 6% for this year,…
Mixed monetary indicators in February
PETALING JAYA: Malaysia’s monetary indicators were mixed in February, as loan growth hit a 16-month high amid slowing broad money…
New platform allows banks to exchange information
SINGAPORE: A centralised digital platform that enables banks to voluntarily share information with one another about suspicious customers is in…
Sequential profit growth forecast for AMMB
Analysts are positive on AMMB Holdings Bhd, as the banking group is likely to record meaningful quarter-on-quarter (q-o-q) earnings growth…
CIMB earnings expected to rise
CIMB Group Holdings Bhd has the potential to post higher earnings, improve its return on equity and pay out higher…