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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.
BILLIONAIRE Jack Ma’s Ant Group is poised to pull off what could be the biggest initial public offering ever by simultaneously listing in Hong Kong and Shanghai.
BEIJING: China's central bank and regulators issued draft rules on Monday to boost the oversight of online micro-lending as it tries to rein in rising debt levels in the coronavirus-hit economy.
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.