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…
Category: Banking
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…
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…
Property sector concerns affect US banking system
When it comes to commercial real estate, investors in the US banking sector are on edge.
OCBC pioneers Islamic sustainable financing for PNB
OCBC Bank (M) Bhd has pioneered the inaugural Islamic Sustainable Financing Facility for Permodalan Nasional Bhd’s (PNB) wholly-owned subsidiary, PNB…
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…