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Corporate News 07 May 2018 | 12:00 AM

Banks’ earnings under watch

PETALING JAYA: The upcoming first quarter (1Q18) financial results for the banking sector may see some challenges in the form of the new accounting standard, MFRS 9, which may limit loan growth and earnings upside for the sector.

Corporate News 27 Feb 2018 | 12:00 AM

Maybank Indonesia profit improves to RM1.32bil

KUALA LUMPUR: PT Bank Maybank Indonesia Tbk (Maybank Indonesia) posted an operating profit before provision of 4.6 trillion rupiah (RM1.32bil) for the year ended Dec 31, 2017, up from 4.4 trillion rupiah (RM1.26bil) in the previous year.

Economy 24 Feb 2018 | 12:00 AM

Correction or bear market?

WHEN the Dow Jones and S&P 500 corrected sharply after falling by some 10.2% over two weeks, many pointed out that this was a correction instead of a bear market.

Banking 06 Jan 2018 | 12:00 AM

What bankers say about 2018 outlook

BANKS are no longer what they used to be. With increased competition and disruption of technology changing the way business is done, lenders have to constantly be on their toes.

Business 14 Jun 2017 | 12:22 AM

Breakfast briefing: Wednesday, June 14 (Update)

Breakfast briefing: Wednesday, June 14

Banking 14 Jun 2017 | 12:00 AM

Alliance expects modest loan growth

KUALA LUMPUR: Alliance Bank Malaysia Bhd expects total loans to grow modestly in its current financial year 2018 (FY18), primarily attributed to the lower performance of some of its loan portfolios.

Business 21 Jan 2017 | 12:00 AM

CIMB Thai plans rights issue

PETALING JAYA: CIMB Thai Bank Pcl, a 93.71% indirect subsidiary of the CIMB Group Holdings Bhd, has proposed a rights issue to raise 5.5 billion baht (RM693mil) to reinforce its capital position and balance sheet.

Corporate News 20 Jan 2017 | 6:42 AM

CIMB Thai proposes rights issue to raise 5.5bil baht

KUALA LUMPUR: CIMB Thai Bank has proposed a corporate exercise involving a rights issue to raise 5.5bil baht (RM693mil) after announcing its results for the financial year ended Dec 31, 2016.