UOB facilitates over RM18bil FDI into JS-SEZ since 2024
KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has facilitated more than RM18bil in foreign direct investment (FDI) flows into the Johor-Singapore Special Economic Zone (JS-SEZ) since 2024, underscoring growing investor interest in the cross-border initiative.
ICICI Bank beats profit forecast on robust lending
MUMBAI: ICICI Bank Ltd, India's second-largest private lender, posted better-than-expected earnings on strong growth in its loan book.
Low inflation helps Malaysia weather energy supply shock, says BNM governor
KUALA LUMPUR: Malaysia's relatively low inflation environment is expected to help the country weather the current energy supply shock, even as global oil prices are projected to remain higher for longer amid the ongoing war in West Asia, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
China expected to keep benchmark lending rates steady after strong GDP data
SHANGHAI: China is expected to leave benchmark lending rates unchanged for an 11th consecutive month in April, a Reuters survey showed, as robust first-quarter growth and a pick-up in inflation have weakened the case for additional monetary stimulus.
Bank Rakyat declares 18% dividend, totalling RM534.7mil for FY25
KUALA LUMPUR: Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has announced a dividend payment of 18 per cent, amounting to RM534.7 million for the financial year ended Dec 31, 2025 (FY 2025).
CIMB, DBKL partner to empower MSMEs, boost KL economic activity
KUALA LUMPUR: CIMB Bank Bhd signed a memorandum of collaboration (MoC) with Kuala Lumpur City Hall (DBKL) today and committed RM5 million over three years to drive inclusive economic growth in the capital under the "Moving KL Forward - Kita Bagi Jadi" initiative.
Vietnam bank credit supports 1Q GDP growth
Credit in the first quarter of 2026 surged by 3.18% against late last year to 19.18 quadrillion dong, supporting Vietnam's gross domestic product (GDP) growth of 7.83%, Pham Thanh Ha, deputy governor of the State Bank of Vietnam (SBV), says.
Vietnam interbank rates stay elevated on tight liquidity
Interbank interest rates have remained elevated in the first months of 2026, reflecting tightening liquidity conditions as credit growth continues to outpace deposit mobilisation, according to analysts.
Hong Leong Bank ready to support customers amid Middle East conflict
KUALA LUMPUR: Hong Leong Bank Bhd and HLB Islamic Bank Bhd said they stand ready to support customers facing financial pressure due to the ongoing situation in West Asia.
Ryt Bank tops 1.2mil users in just over seven months
KUALA LUMPUR: Ryt Bank said it has surpassed 1.2 million users in just over seven months since its launch in August 2025, reflecting the trust Malaysians place in the platform and positioning it as one of the fastest-growing digital banks in the country.
