Bank Negara international reserves at US$126.6bil as at March 31, 2026
KUALA LUMPUR: Bank Negara Malaysia's international reserves stood at US$126.6 billion as at March 31, 2026, compared with US$128.1 billion as at March 13, 2026.
CIMB targets doubling wealth asset under management under Forward30 strategy
KUALA LUMPUR: CIMB Group Holdings Bhd is expanding its presence in ASEAN's fast-growing affluent and wealth segment as part of its Forward30 strategy, intending to grow its wealth asset under management (AUM) two-fold and deliver stronger wealth and cross-sell revenue by 2030.
Hong Leong launches new portfolio financing solution
KUALA LUMPUR: Hong Leong Bank Bhd has announced the launch of its new portfolio financing solution, reinforcing its commitment to designing customer-centric wealth management strategies.
Public Bank expects steady domestic growth
PETALING JAYA: Public Bank Bhd expects steady domestic growth amid persistent global uncertainties as the banking group celebrates its 60th anniversary with a continued focus on resilience and disciplined execution.
Rising costs pile pressure on Vietnam businesses
HO CHI MINH CITY: After a prolonged period at low levels, lending rates at banks have begun to edge up again, placing a heavier burden on borrowers, both individuals and businesses.
Affin Bank gets Bank Negara nod for RM50mil Pheim AM acquisition
KUALA LUMPUR: Affin Bank Bhd has received approval from Bank Negara Malaysia (BNM) for its proposed acquisition of Pheim Asset Management Sdn Bhd for RM50mil cash.
BOJ keeps rate‑hike door open even as Iran war squeezes firms
TOKYO: The Bank of Japan will keep raising interest rates if its economic forecasts hold, a senior central bank official said, reinforcing a tightening bias even as fresh surveys show firms feeling the pinch of rising fuel costs linked to the Iran war.
Rise in gross impaired loans still manageable
There is a rise in gross impaired loans (GIL) across the banking sector early this year, according to the latest banking statistics in February.
Banks likely to exceed lending limits for projects
The State Bank of Vietnam (SBV) has proposed allowing banks to extend credit beyond normal regulatory limits for major projects in Hanoi to facilitate funding for large infrastructure developments in the capital city, while also ensuring the stability of the banking system.
ABM: Banking industry remains resilient, customers to get support
The Association of Banks in Malaysia (ABM) has given an assurance that the country's banking industry remains strong and resilient.
