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,…
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,…
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…
Singapore’s MAS asks DBS to identify reasons for disruptions, The Strait Times reports
SINGAPORE's central bank is following up with DBS Bank, the banking arm of DBS Group, to identify the root cause…
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…