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…
Category: Banking
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…
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…
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…
PM Anwar: Banking industry needs to remain competitive in postnormal times
KUALA LUMPUR: The government has urged the country’s banking industry to remain competitive in dealing with the concurrent three Cs…
Hong Leong Bank partners Refiller Mobile for zero-waste lifestyle adoption
KUALA LUMPUR: Hong Leong Bank (HLB) is collaborating with Refiller Mobile to encourage Malaysians to embrace a zero-waste lifestyle.