Hong Kong banks face credit risks from property downturn, Moody’s says
BEIJING: The protracted property downturn in Hong Kong and mainland China could weaken credit strength of banks in Hong Kong,…
Category: Banking
China c.bank seen keeping lending rate on hold, yuan constrains easing
SHANGHAI/SINGAPORE: China's central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans…
ABM, AIBIM urges public to beware of fake NSRC officers
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM)…
AmBank launches revamped AmOnline mobile banking
KUALA LUMPUR: AmBank Group has launched the revamped AmOnline mobile application to provide a seamless and convenient banking experience aligned…
Malaysia to retain lead in Asia-Pacific Islamic banking market – S&P Global
JAKARTA: Malaysia will remain the biggest Islamic banking market in Asia-Pacific, accounting for about two-thirds of the sector’s total assets…
Bank Negara holds OPR firm at 3%
KUALA LUMPUR: Bank Negara kept the overnight policy rate (OPR) steady at 3% after its monetary policy committee (MPC) meeting,…
Digital banks will not affect traditional banks in Malaysia
KUALA LUMPUR: The emergence of digital banks in Malaysia does not significantly impact traditional banks, primarily due to their limited…
Bank Negara international reserves fall to US$112.8bil
KUALA LUMPUR: Bank Negara’s international reserves fell to US$112.8bil as at April 30 compared with US$113.4bil as at April 15.
UOB posts small drop in quarterly profit, confident of maintaining key margin level
SINGAPORE: Singapore's United Overseas Bank (UOB) posted a smaller-than-expected 2% drop in first-quarter profit on Wednesday and said it was…