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,…
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…