Affin Bank records improved 4Q net profit of RM39.35mil
KUALA LUMPUR: Affin Bank Bhd said 2023 was a challenging year as the industry was faced with margin compression, which…
Category: Banking
Maybank records jump in FY23 net profit to RM9.35bil
KUALA LUMPUR: Malayan Banking Bhd (Maybank) chalked up better results in the financial year ended Dec 31, 2023, amid improved…
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…
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)…