Hong Leong Bank posts improved net profit of RM2.12bil in 1HFY24
KUALA LUMPUR: Hong Leong Bank Bhd reported a stronger bottomline in the first six months of the financial year, underpinned…
Category: Banking
Alliance Bank to raise SME green project loan offerings
KUALA LUMPUR: Alliance Bank Malaysia Bhd has approved RM200 million in loans to small and medium enterprises (SMEs) for green projects…
StanChart Saadiq Malaysia appoints Bilal Parvaiz as CEO
KUALA LUMPUR: Standard Chartered Saadiq Malaysia has appointed Bilal Parvaiz as its CEO from March 15, 2024, succeeding Mohd Suhaimi…
Singapore bank OCBC fourth-quarter profit misses expectations, sees rates falling
SINGAPORE: Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) said it expected interest rates to trend downwards, likely from second half of…
Public Bank’s FY23 net profit rises to RM6.65bil
KUALA LUMPUR: The local banking sector is expected remain resilient with healthy capital and liquidity buffers, coupled with the sufficient…
PBB acquires Vietnam firm from RHB Bank
PETALING JAYA: Public Bank Bhd (PBB) is acquiring the entire charter capital of RHB Securities Vietnam Co Ltd from RHB…
Maybank aims big in SME financing
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is eyeing mid double-digit growth in financing for its small and medium enterprise (SME)…
Cracks emerge in global banking system
SYDNEY: The four-year synchronisation among developed-world central banks might be about to weaken as domestic drivers take over from global…
Westpac sees monetary policy ‘less restrictive’ over the next year
SYDNEY: Westpac Banking Corp says it sees scope for monetary policy in Australia to become less restrictive within the next…