News about bank

KUALA LUMPUR (Feb 23): Malaysia’s residential property absorption rate has hit a 14-year low, according to Kenanga Investment Bank Bhd head of equity research Sarah Lim.

KUALA LUMPUR (Feb 21): AmInvestment Bank Bhd upgraded its IOI Corp Bhd net profit forecast by 9% for the current financial year after IOI reported first-half core net profit, which was above the research firm's and consensus expectations.

Banking sector Maintain neutral: On Tuesday, Perumahan Rakyat 1Malaysia (PR1MA) announced that the Special PR1MA End-Financing Scheme for first-time house buyers announced in Budget 2017 will benefit at least 15,000 buyers.

SUBANG (Feb 13): More than 60% of potential 1Malaysia Housing Programme or PR1MA homebuyers had to give up their booked units due to problems with end-financing.

AFTER operating for almost 15 years and now enjoying record-high passenger volumes, many would ­expect that KLIA Ekspres to be a commercially viable project that can stand on its own.

KUALA LUMPUR (Jan 19): Bank Negara Malaysia (BNM)'s decision today on the overnight policy rate (OPR) is a toss-up between the country's inflation rate and the risk of capital outflows, said Standard Chartered Bank Malaysia Bhd.

KUALA LUMPUR (Jan 19): As expected, Bank Negara Malaysia (BNM) left its benchmark interest rate unchanged at 3% today at the its first Monetary Policy Committee (MPC) meeting of the year.

SINGAPORE (Jan 18): Deutsche Bank expects a challenging 2017 for the local property market despite forecasting a recovery.

Malaysia Building Society Bhd (Jan 17, RM1.

KUALA LUMPUR (Jan 18): Confirming that it is paring down its stake in Malayan Banking Bhd (Maybank) to raise money, cash-strapped Federal Land Development Authority (Felda) disclosed yesterday that it also wants to dispose of some of its overseas assets.