Anwar: Banking institutions must act as strategic partners to sustain domestic economy
KUALA LUMPUR: Banking institutions must shoulder their responsibility as strategic partners to sustain the domestic economy, said Prime Minister Datuk Seri Anwar Ibrahim.
Banks accelerating global expansion
AS Chinese banks accelerate their global push in support of the country's high-level opening-up, international expansion is rapidly emerging as a new battleground.
CIMB Thai records 8.4% higher net profit in 1Q
KUALA LUMPUR: CIMB Thai Bank PCL recorded a net profit of THB908.2mil (RM112.11mil), an increase of THB70.1mil or 8.4% year-on-year (y-o-y), in the first quarter of 2026, as compared to the same quarter in 2025, it announced in a statement today.
Maybank HQ to officially relocate to Menara Merdeka 118 on May 6
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has announced it will officially relocate its head office from Menara Maybank in Jalan Tun Perak to Menara Merdeka 118 Kuala Lumpur on May 6, 2026.
AMMB poised for strong dividend growth
PETALING JAYA: RHB Research believes that AMMB Holdings Bhd's overlay reserves of RM484mil should help cushion potential profit-and-loss volatility, while its strong capital base leaves room for further shareholder returns.
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).
