Asset-quality risk receding but remains high in several countries – Moody’s Rating
KUALA LUMPUR: The risk to asset quality of banks in emerging markets (EM) is generally receding from peaks during or before the…
Category: Banking
RAM Ratings: Banks’ profitability steady in 1Q24, limited upside ahead
KUALA LUMPUR: Malaysian banks showed steady profitability in their financial results in the first quarter of 2024 (1Q 2024) in line with expectations…
Boost Bank launches embedded digital bank app
KUALA LUMPUR: Boost Bank, a digital bank collaboration between Axiata Group Bhd's fintech arm Boost and RHB Banking Group, has…
Property sector concerns affect US banking system
When it comes to commercial real estate, investors in the US banking sector are on edge.
OCBC pioneers Islamic sustainable financing for PNB
OCBC Bank (M) Bhd has pioneered the inaugural Islamic Sustainable Financing Facility for Permodalan Nasional Bhd’s (PNB) wholly-owned subsidiary, PNB…
OCBC Malaysia pioneers Islamic sustainable financing for PNB
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd has pioneered the inaugural Islamic Sustainable Financing Facility for Permodalan Nasional Bhd’s (PNB) wholly-owned subsidiary,…
Positive outlook for banking on loan growth
Market analysts remain mixed on the outlook of the local banking sector.
CIMB appoints Novan Amirudin as new group CEO
KUALA LUMPUR: CIMB Group Holdings Bhd has appointed Novan Amirudin as its group chief executive officer (CEO), effective July 1,…
Philippine c.bank gov says rates may be cut before Fed, weighs on peso
MANILA: The Philippine central bank governor reiterated on Tuesday that the benchmark rate could be cut ahead of the Federal…