Banks show support for govt housing rescue plan
China’s mega banks are urging branch managers to lend to state-owned companies that buy unsold homes, offering a quick show…
Banking
Indonesian central bank holds interest rates steady, as expected
JAKARTA: Indonesia's central bank held interest rates unchanged at a review on Wednesday, as expected, saying the current benchmark level remained…
Philippine central bank will intervene in forex market if volatile, governor says
MANILA: The Philippine central bank will allow the market to determine the foreign exchange rate but it will intervene when…
Bank Islam’s net profit rises to RM129.17mil in 1Q on higher net income
KUALA LUMPUR: Bank Islam Malaysia Bhd expects improved earnings growth as it expands its financing volume, while net interest margin…
Alliance Bank bags two awards for best SME Bank in Malaysia
KUALA LUMPUR: Alliance Bank Malaysia Bhd won the "Best Small and Medium-sized Enterprise (SME) Bank in Malaysia” by The Asian Banker’s Global Excellence…
Affin Bank’s net profit drops to RM110.21mil in 1Q on narrower net interest margin
KUALA LUMPUR: Affin Bank Bhd, which reported net interest margin compression in 1Q24 had impacted its bottomline, will remain focused…
RHB Islamic Bank issues RM500mil subordinated Sukuk Murabahah
KUALA LUMPUR: RHB Bank Bhd's wholly-owned subsidiary, RHB Islamic Bank Bhd, today issued subordinated Sukuk Murabahah of RM500 million in…
Argentina probes banks on bonds and put options
Argentina’s central bank and regulators are looking into at least three of the nation’s banks for potential irregularities in transactions…
MBSB appoints Shahnaz Farouque as new GCFO
PETALING JAYA: Malaysia Building Society Bhd (MBSB) has appointed Shahnaz Farouque Jammal Ahmad its new group chief financial officer (GCFO),…