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Business 24 Sep 2013 | 11:35 AM

Maybank confirms Tengku Zafrul exit (Update)

KUALA LUMPUR: Maybank Investment Bank has confirmed Tengku Datuk Zafrul Tengku Abdul Aziz's resignation as CEO after a three-year tenure.

Business 26 Sep 2013 | 12:00 AM

Analyst: Maybank IB departures unlikely to be disruptive

PETALING JAYA: The sudden resignations at Maybank Investment Bank Bhd (Maybank IB) would not be disruptive to its business for now, analysts said, although they noted that new hires to replace the departing executives would have “big shoes to fill”.

Banking 03 Jun 2014 | 12:00 AM

RHB Cap to abort Bank Mestika buy?

PETALING JAYA: RHB Capital Bhd (RHB Cap), the fourth largest banking group in the country, may abort its plans to acquire 40% stake in Bank Mestika Dharma of Indonesia for RM651mil, a move which will delay its expansion into the country, according to analysts.

Banking 13 Jun 2014 | 12:00 AM

RHB unveils new credit card

KUALA LUMPUR: Consumer credit card spend remains healthy despite the Government’s move to tighten lending standards, according to RHB Bank.

Banking 12 Sep 2015 | 12:00 AM

Rights option still open for Aabar

AABAR Investments PJS, the Abu Dhabi-based investment fund cannot be ruled out from the RM2.5bil rights issue being called by RHB Capital Bhd (RHB Cap).

Business 24 Oct 2015 | 12:00 AM

Budget for lower income group

WE appreciate the Government’s efforts to strengthen the financial service industry in a move to support and facilitate the economic activities. The Government has encouraged the need to diversify the use of foreign currency in trade transactions.

Business 26 Aug 2009 | 12:00 AM

Maybank posts loss on RM1.7bil charge

KUALA LUMPUR: Malayan Banking Bhd (Maybank) posted a net loss of RM1.12bil in its fourth quarter, hit by an impairment bill ofb/b>RM1.73bil from the acquisition of banking assets in Indonesia and Pakistan, but sees a much better performance in its current financial year.

Business 30 Oct 2012 | 12:00 AM

Overall growth lifts Maybank Indonesian unit earnings

PETALING JAYA: Malayan Banking Bhd's (Maybank) Indonesian banking unit - PT Bank Internasional Indonesia Tbk (BII) - has recorded a 66% increase in net profit to 922 billion rupiah (RM293.8mil) for the nine months ended Sept 30.

Banking 10 Jul 2013 | 3:20 PM

Maybank commences Mumbai operations

KUALA LUMPUR: Maybank’s overseas unit Bank Internasional Indonesia (BII) on Wednesday commenced its Mumbai branch operations in India to tap the Indian and Asean market.

Banking 30 Jul 2013 | 12:00 AM

BII 6-month profit rises 17%

KUALA LUMPUR: PT Bank Internasional Indonesia Tbk’s (BII) pre-tax profit for the first six months ended June 30, 2013 rose 17% to 966 billion rupiah (RM299.46mil) from 824 billion rupiah (RM255.44mil) in the corresponding period.