MBSB up on dividend as FY17 profit beats forecast
KUALA LUMPUR (Feb 2): Malaysia Building Society Bhd (MBSB) shares rose as much as eight sen or 7% to RM1.
RHB ups interest rates after OPR hike
KUALA LUMPUR (Jan 30): RHB Banking Group announced today it is raising its base rate (BR) and base lending rate (BLR) by 25 basis points (bps), effective Feb 2, in line with the hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) last week.
SP Setia raises RM998m from share placement
KUALA LUMPUR (Jan 30): S P Setia Bhd said it has fixed the issue price for its 325 million new placement shares at RM3.
OCBC Malaysia ups base rate by 25bps from Feb 2
KUALA LUMPUR (Jan 29): OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase their base rate from 3.
IDEAS: Lowering housing loan interest rates hides property market problems
KUALA LUMPUR (Jan 29): The Institute for Democracy and Economic Affairs (IDEAS) said the suggestion to lower the interest rates on housing loans by the government would hide issues faced by the local property market.
Maybank, CIMB revises BLR after OPR hike
KUALA LUMPUR (Jan 29): Malayan Banking Bhd (Maybank) said its base rate will be increased by 25 basis points from 3% per year to 3.
CIMB raising BLR, FD rates after OPR hike
KUALA LUMPUR (Jan 26): CIMB Bank Bhd (pictured) and CIMB Islamic Bank Bhd are raising their base lending rate (BLR) and fixed deposit rates by 0.
Federal govt proposes lower mortgage interest rate despite higher OPR
PETALING JAYA (Jan 26): The federal government will propose a lower mortgage interest rate to Bank Negara Malaysia despite the central bank raising the overnight policy rate (OPR) by 25 basis points to 3.
BNM seen to hold off on further rate hikes in 2018
KUALA LUMPUR (Jan 26): As expected, Bank Negara Malaysia (BNM) raised its key interest rate by 25 basis points (bps) to 3.
