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Business 23 Nov 2004 | 12:00 AM

Hong Leong named top bank in terms of shareholder value

HONG Leong Bank Bhd has been named winner in the financial services sector of the #8220;2003 KPMG Shareholder Value Award#8221; in recognition of its exemplary performance in 2003.

Business 19 Nov 2004 | 12:00 AM

Banking stocks back in limelight

Banking stocks were once again in focus during the stock market's charge past the 900-point level and analysts believe the sector has enough diversity to whet the appetite of investors.

Business 28 Oct 2004 | 12:00 AM

Purchase to boost GE share of Aussie mortgage market

General Electric Co, the world's biggest non-bank lender, has agreed to buy Australian Financial Investments Group, boosting its share of the mortgage market Down Under.

Business 26 Oct 2004 | 12:00 AM

Public Bank raises earnings and dividend

NOTWITHSTANDING stiff competition, Public Bank Bhd has achieved a 30% increase in group pre-tax profit to RM1.36bil for the nine months ended Sept 30, from RM1.05bil in the corresponding period last year.

Business 19 Oct 2004 | 12:00 AM


Business 30 Sep 2004 | 12:00 AM

AMMB stands by its proposals to privatise AMFB

AMMB Holdings Bhd#8217;s move to privatise AMFB Holdings Bhd and list its investment banking operations will ultimately benefit all shareholders, said AmMerchant Bhd group managing director Cheah Tek Kuang.

Business 20 Sep 2004 | 12:00 AM

OCBC aims to grow SMI, consumer loans

BEING a foreign bank in Malaysia, which is limited to only 25 branches nationwide, OCBC Bank (M) Bhd needs to play its cards right when it comes to branch locations.

Business 03 Sep 2004 | 12:00 AM

StanChart records highest first-half operating income since 1998

Standard Chartered Bank Malaysia Bhd (StanChart) registered a 15% increase in pre-tax profit to RM252mil in the first half-year ended June 30, compared with RM219mil in the corresponding period last year.

Business 31 Aug 2004 | 12:00 AM

Hong Leong Bank net profits expected to hit RM599mil in FY2005

HONG Leong Bank Bhd (HLB) is expected to deliver improved underlying profits in financial year (FY) 2005 and coupled with lower loan loss provisions, net profits are expected to rebound to RM598.8mil from RM382mil recorded in the financial year to June 2004.

Business 27 Aug 2004 | 12:00 AM

Alliance Banking profit before tax up 9.3% to RM77mil

ALLIANCE Banking Group's unaudited profit before tax (PBT) increased by 9.3% to RM77.2mil for the quarter ended June 2004 compared to RM70.6mil in the corresponding quarter last year.