News about bank

KUALA LUMPUR (Nov 7): Malaysia Building Society Bhd (MBSB) is eyeing trade financing and money market opportunities now that it has inked a deal to acquire Asian Finance Bank (AFB) for RM644.

KUALA LUMPUR (Nov 2): The proposed loosening of mortgage lending is insufficient to promote home ownership in the country as there is a mismatch between housing price and income levels, said the Malaysian Rating Corp Bhd (MARC).

There is this constant lament among middle-income Malaysians that they just can’t afford to own a home within a reasonable time frame.

KUALA LUMPUR (Oct 27): GuocoLand (M) Bhd’s net profit rose fourfold to RM1.

KUALA LUMPUR: Some 50 delegates from 10 countries are expected to attend the first general assembly of the recently formalised Asia Pacific Space Designers Alliance (APSDA) in Kuala Lumpur on Oct 21.

PETALING JAYA (Oct 9): The Association of Banks in Malaysia (ABM) has refuted allegations that homebuyers are finding it tougher to obtain housing loans and that loan approval times are increasing.

Sunway Construction Group Bhd (Oct 6, RM2.

PETALING JAYA (Oct 5): The government will increase its allocation for affordable housing in Budget 2018 from RM700 million in the previous one as housing is one of the main concerns of the rakyat, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

KUALA LUMPUR (Oct 4): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.

KUALA LUMPUR (Oct 4): Property developer LBS Bina Group Bhd has outlined six proposals for the upcoming Budget 2018, which it believes will benefit, in particular, first-time homebuyers, the property industry as well as the entire Malaysian economy.