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Business 16 Aug 2004 | 12:00 AM

Stockwatch

Izwan Idris writes on AMMB, YSP, PSC Inds, Axis and Tan Chong.

Business 29 Mar 2005 | 12:00 AM

OCBC Bank joins MEPS Interbank Giro network

OCBC Bank (Malaysia) Bhd has announced its participation in the MEPS Interbank Giro (MEPS IBG) network.

Business 29 Jul 2005 | 12:00 AM

MEPS, phone banking to boost OCBC

OCBC Bank (M) Bhd, which recently launched its MEPS Interbank Giro (MEPS IBG) network and phone banking services, is confident these services will help grow its business significantly over the next few years, senior vice-president and head of consumer financial services, C.K. Oon, said.

Business 12 Aug 2005 | 12:00 AM

MEPS to introduce funds transfer service to Indonesia

AFTER successfully implementing cross-border ATM cash withdrawals in Malaysia and Indonesia, Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) is now looking at introducing fund transfer services between the two countries, either by the end of the year or some time in 2006.

Business 27 Sep 2005 | 12:00 AM

MEPS upbeat on Inter-bank Giro transactions

THE volume of Inter-bank Giro (IBG) transactions, which has been growing at a compounded growth rate of 120% in the past four years, is expected to maintain double-digit growth this year, said Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) managing director Datuk Mohd Hata Robani.

Business 02 Aug 2007 | 12:00 AM

New business model to drive INS

INS Bioscience Bhd expects its new business model to drive future growth and set the company back on profitability this year.

Business 16 May 2009 | 12:00 AM

Online interbank business upswing

THE online interbank business has been gaining popularity over the last few years as more consumers are now turning to the Internet to make payments electronically. With higher volume of online interbank transactions, banks have been enjoying good income from this channel and are upbeat about its growth potential amid the weak economy.

Business 22 Mar 2012 | 12:00 AM

Improving cross-border electronic transfers

BANK Negara, via its subsidiary Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear), has continued its initiatives to improve and enhance the capability of the Real-time Electronic Transfer of Funds and Securities System (Rentas) in supporting cross-border payments and settlements.

Business 20 Mar 2013 | 12:00 AM

BNM: Banks to charge 50 sen to process a cheque from April 2014

Banks will impose a cheque processing fee of 50 sen on the issuer of the cheque with effect from April 1, 2014 as Bank Negara Malaysia (BNM) sets a new pricing strategy to promote greater efficiency.

Banking 03 Jul 2013 | 9:17 AM

Affin Research maintains "Add" call on Public Bank

Affin Research is maintaining its “Add” call on Public Bank Bhd (PBB) with a target price of RM17.50.