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,…
Swedish central bank lowers key rate, sees two more cuts this year
STOCKHOLM: Sweden's central bank cut its key interest rate to 3.75% from 4.00% on Wednesday as expected and said it…
Public Bank mobilises over RM53bil in sustainable finance
KUALA LUMPUR: Public Bank Bhd has mobilised more than RM53 billion of sustainable finance since 2020 which covers financing portfolio…
CIMB Research expects OPR to stay at 3.0%
KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to extend its rate pause pending finer details on fuel subsidy rationalisation…