News about bank

KUALA LUMPUR (Feb 11): Ambank Group announced yesterday that it will offer a temporary deferment or restructuring of instalment repayments for individuals and SME customers who are affected by the novel coronavirus (2019-nCOV) outbreak.

KUALA LUMPUR (Feb 10): Public Bank Bhd and Public Islamic Bank Bhd are offering a six-month moratorium on monthly instalment payments of loans and financing for its customers who are affected by the outbreak of the novel coronavirus (2019-nCoV).

KUALA LUMPUR (Feb 5): Maybank chief cashier Azimah Aziz told the High Court today that Jepak Holdings Sdn Bhd managing director Saidi Abang Samsudin withdrew a total of RM6.

KUALA LUMPUR (Feb 4): Former AmBank relationship manager Joanna Yu Ging Ping has today been allowed by the High Court here to defer submitting her defence in the suit filed by former prime minister Datuk Seri Najib Abdul Razak until her bid to strike out the suit is heard first.

KUALA LUMPUR (Feb 3): Real estate investment trusts (REITs) are expected to be sought after, more so after Bank Negara Malaysia’s recent cut in the overnight policy rate (OPR) by 25 basis points which resulted in lower bank deposit rates.

KUALA LUMPUR (Jan 29): Former AmBank Islamic Bhd relationship manager Joanna Yu Ging Ping has filed an application to strike out former premier Datuk Seri Najib Abdul Razak’s suit against her, on grounds that this case is being used to bolster Najib’s defence in the SRC International Sdn Bhd trial.

KUALA LUMPUR (Jan 28): OCBC Bank (Malaysia) Bhd (OCBC Bank) and its subsidiary OCBC Al-Amin Bank Bhd will lower their respective base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.

KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.

KUALA LUMPUR (Jan 23): CIMB Bank Bhd, together with CIMB Islamic Bank Bhd, is lowering its base rate and fixed deposit rates by 25 basis points, in line with Bank Negara Malaysia's key interest rate cut yesterday.

KUALA LUMPUR (Jan 22): Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) has reduced the overnight policy rate (OPR) to 2.