BNM to revamp its fund for SMEs deployment
KUALA LUMPUR: Bank Negara Malaysia (BNM) is set to revamp its Fund for Small and Medium Enterprises (SMEs) to better…
Category: Banking
Rising scrutiny of family offices and hedge funds
The Singapore authorities are demanding more information from family offices and hedge funds while stepping up closures of dormant firms…
Banks probe rich clients after laundering case
SINGAPORE: Citigroup Inc, DBS Group Holdings Ltd and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up…
OCBC going bigger on tech as it looks to support Chinese firms
SHENZHEN: OCBC Bank’s plan to expand its software engineering team will give a leg up to the lender’s corporate banking…
Stability of net interest margins a boon for banks
PETALING JAYA: Banks’ profitability is expected to remain intact with the stability in net interest margins (NIMs) – a measure…
PM Anwar wants digital banks to boost e-payment transactions
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is confident the target of 400 e-payment transactions per capita can be achieved…
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…
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…