MBSB to stay focused on FLIGHT26 strategy
KUALA LUMPUR: MBSB Bhd said its business plan for 2026 will continue to be guided by the FLIGHT26 strategy.
Hong Leong Bank expands Duitsmart financial literacy programme to 27 Segambut schools
KUALA LUMPUR: Hong Leong Bank and HLB Islamic will roll out their HLB Duitsmart financial literacy workshops to 27 primary and secondary schools across the Segambut district.
CIMB in strategic partnership with China Merchants Bank to expand cross-border banking solutions
KUALA LUMPUR: CIMB Bank Bhd and China Merchants Bank Co Ltd have established a strategic partnership to offer cross-border solutions and support the expansion of end-to-end banking services across China, Malaysia, and ASEAN.
PBOC tells Chinese banks to boost May lending as credit weakness persists, sources say
China's central bank has instructed banks to boost lending this month, people with knowledge of the matter said, underscoring Beijing's continued efforts to support an economy squeezed by higher energy costs and stubbornly weak domestic demand.
Maybank records net profit of RM2.48bil in 1Q
KUALA LUMPUR: Malayan Banking Bhd (Maybank) said its performance in the first quarter ended March 31, 2026, was impacted by weaker trading and markets-related income, although its earnings remained resilient with a stronger net interest margin (NIM), prudent cost management and asset quality.
AmBank wraps FY26 with record net profit of RM2.1bil
KUALA LUMPUR: AMMB Holdings Bhd (AmBank) closed out its 2026 financial year with a strong fourth quarter ended March 31, 2026, underpinned by growth in both net interest income (NII) and non-interest income (NOII).
Banks race to defend turf ahead of stablecoin rules
Hana Financial Group's recent one trillion won (US$662mil) bet on Upbit operator Dunamu was not just a crypto investment.
European banks double down on SRT trades
Banks are going big on a product that's drawing ever-closer regulatory scrutiny.
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
COLOMBO: Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in four years, as policymakers scrambled to stem inflation and support a currency buckling under soaring energy prices.
CIMB posts net profit of RM1.92bil in 1Q
KUALA LUMPUR: CIMB Group Holdings Bhd said it remains cautiously optimistic as it continues to see resilient asset and loan growth, supported by a healthy pipeline, alongside steady client franchise income across its key markets.
