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…
Banking
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…
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…
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…