News about bank

KUALA LUMPUR (March 30): The number of unsold houses remained elevated in the third quarter of 2021 despite some improvements in activity in the residential property market, said Bank Negara Malaysia (BNM).

PETALING JAYA (March 23): HSBC Bank Malaysia and Kerjaya Property Sdn Bhd, a subsidiary of Kerjaya Prospek Property Bhd, have successfully completed their first green loan for a property developer.

PETALING JAYA (March 23): Boustead Properties Bhd has entered a collaboration with Maybank Islamic to offer its HouzKEY programme, which is currently being offered for projects such as Mutiara Hills in Semenyih, One Cochrane Residences in Kuala Lumpur, and Mutiara Rini in Johor.

SHAH ALAM (March 4): Property developer Paramount Corp Bhd has finally revealed its digital banking plans which include same-day loan disbursement and banking product embedment with property transactions, as applications for Bank Negara Malaysia's (BNM) five digital banking licences enter their final stage of approval.

PETALING JAYA (March 3): Maybank launches Maybank Home2u, a digital home financing solution that is capable of providing approval in just 10 seconds from the completion of application.

KUALA LUMPUR (Jan 6): A resurgence of daily Covid-19 infection cases following the emergence of new variants, high building material prices, a potential overhang among property stocks ahead of the general election and earlier-than-expected rate hikes are hindering real estate from recovering, said RHB Investment Bank.

PETALING JAYA (Dec 16): Hong Leong Bank (HLB) and Hong Leong Islamic Bank have introduced HLB Solar Plus Loan/Financing-i, a green energy financing facility where homeowners could install solar power systems, on Wednesday (Dec 15).

KUALA LUMPUR (Dec 8): Maybank Investment Bank (Maybank IB) Research on Wednesday upgraded the Malaysian property sector to "neutral" (from "negative") after the share prices of property stocks under its coverage have retreated by 10% to 20% to more realistic valuations.

PETALING JAYA (Nov 11): I-Bhd is set to welcome Malayan Banking Bhd (Maybank) to its flagship development, ultrapolis, i-City Malaysia.

KUALA LUMPUR (Nov 4): Fitch Solutions, the research unit of Fitch Group, is expecting Bank Negara Malaysia to raise the overnight policy rate (OPR) by 50 basis points (bps) to 2.