Insight - Banks dealing with pandemic challenges

THE prolonged Covid-19 pandemic had created a wide range of challenges for banks in terms of financial difficulties faced by many, and the management of overall health and safety.

Summary of business stories March 20-April 4

Insight - Banks look forward to gradual recovery

WHILE looking forward to a better operating environment, banks are prepared for the pace of recovery to be uncertain and uneven.

Momentum to pick up from Q2

Corporate earnings improving on potential recovery

Funds favour firms with superior ESG practices

PETALING JAYA: Although environmental, social and governance (ESG) issues have been gaining prominence, they do not appear to enhance the stock valuation in the country.

Touch ‘n Go enters financial services

Its eWallet users gain access to the money market

TNG Digital to close fundraising by mid-2021

KUALA LUMPUR: TNG Digital Sdn Bhd, the e-wallet joint venture between CIMB Group Holdings Bhd’s Touch ‘n Go Sdn Bhd and China’s Ant Group, is looking to close its fundraising exercise by mid-2021.

Bankers still cautious

They expect provisions to remain elevated given ongoing pandemic

Short Position - Banking, energy, technology, Dataprep

WITH the slew of banking results for the recent quarter fully released, the market appears to have gained more confidence that an economic recovery is now on a firmer footing.

CIMB fixes DRS issue price at RM4.02 each

CIMB said the issue price represented a discount of about 10% to the theoretical ex-dividend price of RM4.4590 per share.