News about bank

KUALA LUMPUR (Sept 4): Thriven Global Bhd has accepted a RM15 million credit facility from Bank Islam Malaysia Bhd to finance its working capital requirements.

KUALA LUMPUR (Sept 4): If fugitive businessman Low Taek Jho (also known as Jho Low) was the “unofficial adviser” to Datuk Sri Najib Razak, the late Datuk Azlin Alias, who died in a helicopter crash in April 2015, and Datuk Amhari Efendi Nazaruddin would be the sidekicks of the former prime minister in handling 1Malaysia Development Bhd (1MDB) affairs.

KUALA LUMPUR: Malaysia’s two biggest banks, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, said last week they expect Bank Negara Malaysia to cut the overnight policy rate (OPR) by another 25 basis points (bps) by year end, reflecting rising expectations of one.

KUALA LUMPUR (Aug 31): LBS Bina is eyeing the launch of “properties in the higher price range” and is “confident that there will be demand in this segment”.

KUALA LUMPUR (Aug 30): The High Court was told today that ex-Goldman banker Roger Ng and a company controlled by Low Taek Jho's father had outstanding loans with Maybank, which has appeared as a third party in the government's asset forfeiture suit against former prime minister Datuk Seri Najib Razak and 17 others.

Passion and determination — these are the two words that keep Hong Leong Investment Bank’s (HLIB) group managing director and CEO Lee Jim Leng at the top of her game in her career as a banker.

  KUALA LUMPUR (Aug 29): Malayan Banking Bhd (Maybank) expects another 25 basis point (bps) cut in Bank Negara Malaysia's overnight policy rate (OPR) to 2.

KUALA LUMPUR (Aug 28): Practice Note 17 (PN17) firm Seacera Group Bhd has defaulted on credit facilities amounting to RM12.

KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC) said it had overcome a hurdle in the contentious Penang Major Roads and Third Link development as Malayan Banking Bhd (Maybank) had been roped in to provide financing for part of the project.

KUALA LUMPUR (Aug 27): The prosecution in former premier Datuk Seri Najib Razak's SRC International Sdn Bhd trial has offered 66 witnesses to the defence after closing its case today.