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Business 20 Aug 2003 | 12:00 AM

S.Korean banks’ H1 profits tumble

Profits at South Korean banks tumbled in the first half this year because of their heavy exposure to SK Global Co and a rise in bad consumer loans, a financial watchdog said yesterday.

Business 12 Nov 2007 | 12:00 AM

BCHB net profit up 118%

Bumiputra-Commerce Holdings Bhd (BCHB) posted a net profit of RM2.308bil in the nine months to September 30 2007, or 118% higher compared with the same period last year on continued growth in consumer loans.

Business 08 Jul 2013 | 9:02 AM

Trading ideas: Aeon Credit, MBSB, Deleum, CBIP

Aeon Credit Service Malaysia and Malaysia Building Society (MBSB) could come under selling pressure on Monday after Bank Negara Malaysia tightened rules on consumer loans.

Business 06 Sep 2010 | 12:00 AM

Consumer banking will continue to be an important revenue generator of banks

PETALING JAYA: Consumer banking will continue to be an important revenue generator for banks with home loans being one of the major areas of focus amid the prevailing relatively low interest rates.

Technology 11 Jun 2015 | 4:26 PM

Automated lenders threaten to eat banks' lunch

When Kevin Pereira needed a loan last year for his shaving gear business, his bank, Wells Fargo, considered his application and turned him down.

Banking 13 Mar 2018 | 12:00 AM

Ant Financial consumer lending reaches US$95bil

HONG KONG: Ant Financial’s consumer lending has reached at least 600 billion yuan (US$95bil) despite the affiliate of Alibaba Group Holding Ltd facing a tougher environment for securitising its loans, people familiar with the matter said.

Corporate News 13 Feb 2017 | 12:00 AM

Household debt may increase, warn economists

PETALING JAYA: The high level of household debt in the country is far from over and has room to creep up although the latest data by Bank Negara showed slower growth in household loans last year.