Affin Bank to list the nation's third biggest asset management firm soon?
KUALA LUMPUR (July 1): Affin Bank Bhd is hardly on investors’ radar when they are looking for banking stocks.
Finance minister: Household debt down, banks please lend to new homebuyers
PETALING JAYA (June 19): Malaysia’s Finance Minister Lim Guan Eng wants banks to provide greater access to financing to first-time homebuyers, as well as to small and medium enterprises (SMEs) considering the fact that the country’s household debt as a ratio to gross domestic product (GDP) has fallen to 83% in 2018 from 83.
Bank Negara says Aznan Abdul Aziz will be new assistant governor
KUALA LUMPUR (June 18): Bank Negara Malaysia (BNM) announced today Aznan Abdul Aziz's (pictured) appointment as assistant governor effective July 1, 2019.
MBSB in midst of restructuring for banking unit to be holding company
KUALA LUMPUR (June 11): Malaysia Building Society Bhd (MBSB) is undertaking an internal restructuring that will result in its wholly-owned banking subsidiary — MBSB Bank Bhd, formerly known as Asian Finance Bank Bhd — being the group's holding company within the next two years.
BNM's international reserves slip 0.49% to US$102.3b as at end-May
KUALA LUMPUR (June 11): Bank Negara Malaysia's (BNM) international reserves slipped RM500 million or 0.
AmBank ex-CFO's silent disappearance at Bank of New Zealand leaves vacuum of information
KUALA LUMPUR (June 10): Speculations have surfaced regarding AmBank Group ex-chief financial officer (CFO) Mandy Rutherford (pictured) after she withdrew from taking up one of the most senior banking roles in New Zealand in March 2018.
Malaysia does not practise unfair currency practices, says BNM
KUALA LUMPUR (May 29): Bank Negara Malaysia (BNM) said Malaysia supports free and fair trade, and does not practise unfair currency practices.
KL ranked No 49 to rent a mid-range 2-bedroom apartment, says Deutsche Bank
KUALA LUMPUR (May 22): According to the Deutsche Bank’s 8th annual survey of global prices and living standards, Kuala Lumpur ranked No 49 to rent a mid-range 2-bedroom apartment at US$448 month.
Maybank further reduces base lending rate
KUALA LUMPUR (May 17): After a 20 basis points (bps) cut to its Base Rate (BR) and Base Lending Rate (BLR) just a week ago, Malayan Banking Bhd (Maybank) has reduced both rates by a further 5 bps each.
Seacera gets letter of demand to pay RM12.85m loan from AmBank Islamic
KUALA LUMPUR (May 10): Seacera Group Bhd has been a served a letter of demand for payment of RM12.
