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.
China set to keep rates steady for eighth month, some traders wager on Q1 easing
SHANGHAI: China is expected to leave benchmark lending rates unchanged for an eighth straight month in January, a Reuters survey showed, but some traders are betting on a policy rate cut in the first half to underpin an economy struggling to fire on all engines.
Flattish quarter-on-quarter earnings likely for Alliance Bank in 3Q26
PETALING JAYA: Analysts are expecting Alliance Bank Malaysia Bhd's earnings for the third quarter of its financial year ending March 31,2026 (3Q26) to be flattish quarter-on-quarter.
Boost aims to bridge financing gap for MSMEs
PETALING JAYA: Millions of micro, small and medium enterprises (MSMEs) in Malaysia remain locked out of traditional financing due to the lack of formal credit histories, a gap Axiata Group Bhd's fintech arm Boost Holdings Bhd, says it is addressing.
Ecowatch: Malaysia is working on its own green funds
How can ordinary Malaysians be better prepared financially for climate change-caused disasters?
Affin Bank set to shine on structural changes, digital platforms
Affin Bank Bhd is expected to see a shift in its growth trajectory as structural changes and execution gains begin to reshape investor expectations over the medium to long term.
China central bank to cut some sector-specific rates to boost economy
BEIJING: China's central bank announced on Thursday cuts to some sector-specific interest rates to provide an early boost to the economy, and signalled it has room this year for further reductions in banks' cash reserve requirements and for broader rate cuts.
SME Bank expects Bank Negara to hold OPR at 2.75% in 2026
KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, while gross domestic product (GDP) is projected to grow by 4.3 per cent, said Small and Medium Enterprise Development Bank Malaysia Bhd (SME Bank).
