AmBank Group provides RM103.8mil financing for Kedah solar project
KUALA LUMPUR: AmBank Group, through AmBank Islamic Bhd, has extended RM103.8mil in financing to Founder Energy Sdn Bhd, a wholly owned subsidiary of Founder Group Limited (FGL).
Maybank aims to mobilise RM300bil in sustainable finance by 2030
KUALA LUMPUR: Malayan Banking Bhd (Maybank) plans to mobilise RM300bil (US$74bil) in sustainable finance over the next five years, Malaysia's largest lender by assets said on Tuesday.
On track for further gains
The banking sector is poised for further gains as structural improvements, supportive macro conditions and sustained foreign interest underpin a constructive outlook for the coming years.
UK lawmakers call for AI stress tests on banks as risks mount
Britain's financial regulators should start stress-testing the risks posed by artificial intelligence (AI) because their current wait-and-see approach leaves the public and economy in danger of "serious harm," a group of lawmakers warn.
Charting Maybank’s next growth phase with ROAR30
Malayan Banking Bhd (Maybank) has unveiled its new five-year strategy, ROAR30, which will focus on delivering shareholder value through continued improvements in the lender's return on equity (ROE).
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is targeting to deliver a stronger return on equity (ROE) of 13-14 per cent by 2030, the highest among Malaysian banks, through its newly launched ROAR30 five-year strategy plan.
Indonesia to ensure c.bank independence, rupiah to rebound, finance minister says
JAKARTA: Indonesia's finance minister said on Tuesday that the government would ensure the central bank's independence and not use its funds to pay for its policy programmes, noting that the rupiah was likely to rebound with economic fundamentals still strong.
CIMB Thai posts RM293mil net profit in FY25
KUALA LUMPUR: CIMB Thai Bank PCL, a 94.83%-indirectly owned subsidiary of CIMB Group Holdings Bhd, registered a 20.9% year-on-year (y-o-y) drop in net profit to THB2.26bil (RM293.88mil) in the financial year ended Dec 31, 2025, due to a decrease in operating income and an increase in expected credit loss.
Alliance Bank confident of standalone growth
KUALA LUMPUR: Alliance Bank Malaysia Bhd has assured investors that it is well-positioned to grow independently and organically, while denying knowledge of any potential merger and acquisition (M&A) exercise.
CIMB boosts customer protection with new biometric authentication in Octo App
KUALA LUMPUR: CIMB Bank Bhd has introduced new biometric authentication in combination with its SecureTAC approval feature in its Octo App (application) as an additional layer of security for customers.
