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…
Category: Banking
Public Bank buys Vietnam-based capital market firm for RM72.55mil
KUALA LUMPUR: Public Bank Bhd (PBB) is acquiring the entire charter capital of RHB Securities Vietnam Co Ltd from RHB…
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.
Maybank aims to disburse about RM18bil of SME financing this year
KUALA LUMPUR: Malayan Banking Bhd (Maybank) aims to disburse around RM18 billion of small and medium enterprises (SME) financing in…
China central bank leaves key policy rate unchanged
SHANGHAI: China’s central bank has left a key policy rate unchanged as expected when rolling over maturing medium-term loans, with…
Rate hike may be Fed’s next move
NEW YORK: The Federal Reserve’s (Fed) next interest-rate move could be a hike –rather than a cut – if the…
Vietnamese banks pour US$41bil into real estate market in 2023
HANOI: A total of 2.75 quadrillion dong (US$41bil) went into the property market in 2023, according to the State Bank…
Positive outlook for banking sector
PETALING JAYA: Despite enjoying an earnings recovery, valuations of local banks are currently hovering close to Covid-19 pandemic levels, which…