KUALA LUMPUR, March 10 — Majority of Malaysian banks have environmental, social and corporate governance (ESG) ratings that surpass average benchmarks, aligning well with international standards and rivaling those of Singapore banks, said CIMB Securities Sdn Bhd.

KUALA LUMPUR, Nov 7 — The police have detained two security guards to assist investigations into the disappearance of a bag containing RM1 million in cash, which was reported missing after a cash collection was carried out by a security company from a bank yesterday.

CANBERRA, July 31 — Australian banks will be forced to compensate customers who lose money to scams under new laws flagged by the government, reported Xinhua.

KUALA LUMPUR, March 7 — Credit ratings agency Moody’s Ratings expects Malaysia's real gross domestic product (GDP) growth to improve to 4.5 per cent in 2024 from 3.7 per cent in 2023.

SINGAPORE, Feb 28 — Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) said it expected interest rates to trend downwards, likely from second half of 2024, after posting a 12 per cent jump in fourth-quarter net profit that missed expectations.

KUALA LUMPUR, Dec 3 — Malaysia is expecting to see at least half of new financing by the local banks aligned with climate-supporting or transitioning activities by 2026, said Bank Negara Malaysia (BNM) governor Datuk Abdul Rasheed Ghaffour.

SINGAPORE Nov 29 — As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year.

KUALA LUMPUR, Nov 28 — Malaysian banks have continued to deliver a resilient performance in 2023, anchored by the banking system’s strong fundamentals despite external headwinds and heightened downside risks to growth.

KUALA LUMPUR, Oct 18 — Bank Negara Malaysia (BNM) will engage with banks in the coming months regarding the first batch of submissions of their recovery plans, said  deputy governor Datuk Jessica Chew Cheng Lian.

BEIJING, Oct 17 — China has instructed state-owned banks to roll over existing local government debt with longer-term loans at lower interest rates, two sources with knowledge of the matter said, as part of Beijing's efforts to reduce local debt risks in a faltering economy.

KUALA LUMPUR, Aug 30 — Malayan Banking Bhd’s (Maybank) net profit for the first half of the year ended June 30, 2023 rose 26 per cent to RM4.6 billion from RM3.67 billion in the same period last year.

KUALA LUMPUR, March 9 — The government is proposing to introduce a scheme which allows Employees Provident Fund (EPF) contributors to apply for bank loans by using their retirement funds as collateral.

KUALA LUMPUR, Sept 27 — Three associations representing the local banking industry are in full support of the five key measures to combat financial scams as announced by Bank Negara Malaysia (BNM).

KUALA LUMPUR, Dec 2 — Bank Negara Malaysia (BNM) and all banks, including branch operations, in the Federal Territory of Kuala Lumpur will be open and operating as usual on Friday, Dec 3, 2021.

KUALA LUMPUR, April 21 — Climate change has created operational and strategic challenges for banks globally as governments move towards low-carbon economic models, said Moody’s Investors Service.

KUALA LUMPUR, Jan 15 — A number of banks have responded to the national call for moratorium assistance and flood aid relief, especially for those affected by the current flood situation.

KUALA LUMPUR, Oct 13 — Banking institutions are ready to assist clients thrown in a quandary by the conditional movement control order (CMCO) or enhanced movement control order (EMCO) imposed in their respective areas that were prompted by the spike in Covid-19 cases.

LONDON, Oct 8 — Does a cancelled gym membership spell financial disaster? That is the type of question British banks are asking as they try to work out whether borrowers owing some UK£75 billion (US$96 billion or RM399 billion) in home loans will be good for it when a payment holiday, introduced...

SINGAPORE, Oct 6 — DBS Group and Standard Chartered are leading a group of 12 other banks in Singapore to create a digital trade finance registry in a bid to mitigate the risk of trade fraud and boost transparency.

KUALA LUMPUR, Oct 1 — The banking industry has already processed the vast majority of applications received for targeted repayment assistance, with a 98 per cent approval rate for individuals and small and medium enterprises (SMEs) as of mid-September.