Malaysia
Bank Rakyat mulls adding eight branches
Bank Rakyat mulls adding eight branches
7 of the proposed branches worth $327,118 each will be set up in Sabah.
Maybank acquires 44.6% stake in Kim Eng
Transaction represents stepping up of the lender’s investment banking and equities platform in ASEAN.
Great Eastern launches Takaful business in Malaysia
Great Eastern offers Islam-compliant insurance products and services to cater 60.4% of Malaysia's population of 28.3mln.
Maybank plans to issue 244.257mln new shares
The high level of reinvestment under dividend plan showed the confidence shareholders had in the bank.
Malaysian banks extend double digit net gains
Malaysian banks continue their double-digit net earnings growth to a fifth straight quarter.
HSBC Amanah to launch additional 26 branches
Th lender aims to provide world class service to customers by offering a complete Islamic finance.
Sabah Credit Corp forays into Islamic banking
AmIslamic Bank Berhad and Sabah Credit Corporation signed a US$31.9 million Islamic Banking Facilities agreement.
CIMB Group profit up 31.9% to RM2.64bln
The year-on-year growth for nine months is part of the Group’s first set of financials which are in full compliance with the Basel II framework.
CIMB Bank in Cambodia officially launched
CIMB Bank has received its license to fully operate a 100 per cent owned subsidiary in Cambodia.
Bank Negara approves joint takaful licence for Public Bank and ING
The takaful products to be promoted through the multi-distribution channel of tied agency, bancatakaful and employee benefits currently existing in ING and the PBB.