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MBSB earnings down 67%

PETALING JAYA: Malaysia Building Society Bhd (MBSB), the lender seeking a merger with Bank Muamalat Malaysia Bhd, registered a 67% drop in net profit to RM63.5mil in the third quarter (Q3) ended Sept 30 on higher impairment charges.

Potential merger puts spotlight on MBSB again

NINE months after a failed three-way merger deal, Malaysia Building Society Bhd (MBSB) is now in another merger talks with Bank Muamalat Malaysia Bhd.

MBSB, Bank Muamalat can start discussions

PETALING JAYA: Bank Negara has given Malaysia Building Society Bhd (MBSB) and Bank Muamalat Malaysia Bhd the approval to begin merger talks, a move that would pave the way for the creation of the country’s biggest standalone Islamic bank.

MBSB says no merger talks

KUALA LUMPUR: Non-bank lender Malaysia Building Society Bhd (MBSB) has not initiated any new merger discussions with any organisation after the deal with CIMB Group Holdings Bhd and RHB Capital Bhd fell through.

Hong Leong Bank joins ranks of companies raising funds

A TREND is emerging among Malaysian banks – since last year, several have made cash calls and more may join the bandwagon. Hong Leong Bank Bhd (HLB) is the latest among financial institutions to make a cash call.

MBSB Q2 profit 63% down to RM85.6mil

PETALING JAYA: Malaysia Building Society Bhd (MBSB) recorded a 63.3% drop in net profit to RM85.56mil in the second quarter ended June 30, 2015, compared with RM232.86mil in the previous year. The non-bank lender attributed the decline to impairment losses on loans, advances and financing.

MBSB’s Q2 earnings down sharply on loan impairment losses

KUALA LUMPUR: Malaysia Building Society Bhd’s (MBSB) net profit fell 63.2% to RM85.55mil in the second quarter ended June 30 mainly due to allowance for loan impairments.

MBSB-Muamalat merger, full-fledged Islamic bank on the cards?

PETALING JAYA: Malaysia Building Society Bhd (MBSB), one of the non-conventional banks in the local financial industry, is on track to obtaining a full-fledged Islamic banking licence with plans under way for a merger with Bank Muamalat.

MBSB: Good time to merge, aims for Islamic financial institution status

KUALA LUMPUR: It may be a good time for Malaysia Building Society Bhd (MBSB) to merge, according to president and chief executive officer Datuk Ahmad Zaini Othman.

MBSB to boost corporate loan contribution

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) is aiming for a retail-to-corporate loan ratio of 65:35 within the next three years