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Banks not to blame for commercial property glut
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has refuted a claim that banks are responsible for the supply glut in retail and office space in the Klang Valley.
Banks' funding, liquidity within acceptable range
KUALA LUMPUR: The funding and liquidity conditions of commercial banks in Malaysia are within acceptable levels, says the Association of Banks in Malaysia (ABM).
Union appeals for waiver on MAS aircraft rental fee
KUALA LUMPUR: The Malaysia Airlines System Employees Union (Maseu) has appealed to Penerbangan Malaysia Bhd (PMB) and Aircraft Business Malaysia Sdn Bhd (ABM) to waive this year's aircraft rental and lease costs to be paid by Malaysia Airlines (MAS).
Banks mark Merdeka with 50 partial scholarships
The Association of Banks Malaysia (ABM) and its members have pledged 50 scholarships worth RM10,000 (US$2,857)each to Malaysian students in their final year of tertiary education
Bank group unveils toll-free service
The Association of Banks in Malaysia (ABM) has launched a toll-free service to receive queries and complaints on issues related to the local conventional banking industry and general concerns about credit.
High debt ratio among reasons loans rejected
KUALA LUMPUR: High debt service ratio (DSR), adverse credit history, insufficient income, repayment capacity and weak documentation or banking records are the main factors why applications are unable to obtain housing loans.
Banks’ association supports steps to stabilise ringgit
PETALING JAYA: The Association of Banks in Malaysia (ABM) expects the new measures introduced by the Financial Markets Committee (FMC) to stabilise the ringgit (pic) to ultimately benefit all the real sectors of the economy.
Bank group supports steps to stabilise ringgit
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) sees the new measures introduced by the Financial Markets Committee (FMC) to stabilise the ringgit will ultimately benefit all the real sectors of the economy.
New service charter for commercial banks
PETALING JAYA: The Association of Banks in Malaysia (ABM) has introduced a standardised template for a customer service charter for commercial banks to improve efficiency and accountability towards consumerism.
Banks on track to fully use online ID security
All Malaysian banks are on track to fully implement the 'two-factor authentication,' a form of online identification security, by Dec 1 as mandated by Bank Negara, said Association of Banks in Malaysia (ABM) chairman Datuk Abdul Hamidy Abdul Hafiz.