Malaysian banks resilient amid economic headwinds – S&P Global Ratings
KUALA LUMPUR: Malaysia’s banking sector is likely to stand firm against economic headwinds with the sector’s asset quality closely correlated…
Category: Banking
RHB Bank adapts to digital age with online and open banking initiatives
KUALA LUMPUR: RHB Bank Bhd is embracing digital transformation by supplementing its traditional sales and branch distribution models with digital…
Banks must follow fixed SOPs to handle customers’ complaints on illegally withdrawn money
MELAKA: Banking and financial institutions in the country are reminded to always follow the list of standard operating procedures (SOPs)…
Bank Negara maintains OPR at 3%
KUALA LUMPUR: Bank Negara has kept the overnight policy rate (OPR) unchanged at 3% following the conclusion of its two-day…
Bank Negara likely to keep status quo on OPR for rest of 2024 – economists
KUALA LUMPUR: Bank Negara Malaysia (BNM) is likely to maintain the status quo on the Overnight Policy Rate (OPR) for…
Affin Bank to modernise real-time payment capabilities, boost efficiency by 75%
KUALA LUMPUR: Affin Group has partnered with Nasdaq-listed ACI Worldwide, to modernise the bank’s real-time payment capabilities as part of…
Citi Malaysia partners with NGOs for Global Community Day
KUALA LUMPUR: Citi Malaysia has partnered with IDEAS Autism Centre Rawang (IAC), Buku Jalanan Chow Kit (BJCK), Persatuan Komuniti Istimewa…
US banks sail through annual Fed health check
The biggest US banks will have enough capital to withstand severe economic and market turmoil, the US Federal Reserve’s (Fed)…
Banks uphold conservative targets
Amid mixed prospects in the broader macro economic climate, banks appear to be upholding conservative targets in spite of strong…