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OCBC offers deferment, restructuring assistance to flood-affected customers
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) and OCBC Al-Amin Bank Bhd (OCBC Al-Amin) are offering loan/financing deferment and restructuring assistance to their customers that are affected by floods in Kelantan, Pahang, Terengganu and Johor.
MARC affirms Berjaya Land’s RM650m debt notes, outlook stable
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) affirmed its ratings on Berjaya Land Bhd’s (BLand) two tranches of debt notes totalling RM650mil with a stable outlook.
Budget 2021: Banks positive over support for Rakyat, businesses
The banking sector responds to Budget 2021.
Public Sector Housing Financing Board issues RM50b worth of Sukuk
KUALA LUMPUR: The Public Sector Housing Financing Board (LPPSA) has issued RM50 billion worth of sukuk as part of its Islamic commercial papers (ICP) and Islamic medium term notes (IMTN) programme.
OCBC opens selected branches on weekends for post-loan moratorium assistance
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd will keep selected branches open on weekends in October for customers who wish to sign up for post-loan moratoriums and financing support.
OCBC Bank's 'FRANK by OCBC' digital initiative
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd introduced its latest digital banking initiative that offers the mobile generation greater personal control over their finances, namely FRANK by OCBC.
Swift Haulage sets up RM500m sukuk, secures RM231m working capital
KUALA LUMPUR: Integrated logistics services provider, Swift Haulage Sdn Bhd has set up a RM500mil unrated Sukuk programme while it has also secured RM231mil working capital facilities.
OCBC rolls out simplified online process for post-moratorium aid
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd have rolled out a simplified application process for customers seeking post-moratorium support.
OCBC lowers rates by 25bps on Monday
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd and its subsidiary, OCBC Al-Amin Bank Bhd lowered their base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.25 per cent effective on Monday.