SME Bank approved RM30.6bil financing since inception to 17,380 Bumiputera MSMEs
KUALA LUMPUR: SME Bank has approved more than RM30.6 billion in financing to 17,380 Bumiputera micro, small, and medium enterprises…
Banking
ANZ sells 16.5% of shareholding in AmBank
KUALA LUMPUR: Australia's fourth-largest bank, ANZ Group, has upsized its initial plan, opting to divest a larger 16.5% stake in…
Singaporean bank DBS CEO Gupta’s total pay dropped 27% to US$8.3mil in 2023
SINGAPORE: Piyush Gupta, CEO of Singapore's biggest bank DBS Group and one of the highest paid CEOs in the city-state,…
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…
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…
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…