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Business 09 Jun 2003 | 12:00 AM


RATING Agency Malaysia Bhd (RAM) has reaffirmed the general bank ratings of B>HSBC BANK MALAYSIA BHD/Bat I>AA1/Iand I>P1/I>.

Business 30 May 2003 | 12:00 AM

Southern Bank sees another record year

DESPITE the challenging operating environment, Southern Bank Bhd (SBB) aims to achieve another record performance this year, capping the historical high net profit of RM285.9mil last year.

Business 22 May 2003 | 12:00 AM

Rate cut to spur consumption

BANK Negara yesterday cut the three-month intervention rate by 50 basis points (0.5%) to 4.5% to spur domestic consumption.

Business 16 May 2003 | 12:00 AM

ICBC shows interest in buying HK's Chekiang

Beijing-backed lender ICBC (Asia) is interested in buying Chekiang First Bank Ltd in Hong Kong, but a deal has not yet been reached, ICBC (Asia)#8217;s chief executive officer said.

Business 14 May 2003 | 12:00 AM

Southern Bank reports 5% growth in Q1 pre-tax profit

SOUTHERN Bank Bhd has reported a 5% growth in pre-tax profit to RM100.6mil for the first quarter of 2003. The bank attributed the improvement mainly to higher operating income and lower loan loss provisions.

Business 07 May 2003 | 12:00 AM

Public Bank operations impress analysts

PUBLIC Bank Bhd's first-quarter results came in at the lower end of consensus estimates, but its stock remains a clear favourite among banking analysts given its superior asset quality and loans growth potential.

Business 01 May 2003 | 12:00 AM

CAHB: Slower loans growth due to SARS, Iraq war

COMMERCE Asset-Holding Bhd (CAHB) sees the possibility of a slower loans growth as the Iraq war and the Severe Acute Respiratory Syndrome (SARS) outbreak have put a brake on the gross domestic product (GDP) growth of the country.

Business 30 Apr 2003 | 12:00 AM

Bank stocks may stay in favour

SELECT banking stocks with good asset quality and good dividend yield are expected to remain on investors#039; buying lists despite the current weak market conditions.

Business 28 Apr 2003 | 12:00 AM

Economic indicators for investment decisions

Brought to you by CitiGold Wealth Management Banking.

Business 17 Apr 2003 | 12:00 AM