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There are 372 news based on search keyword " banks"

Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates

KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.

PBAPP Launches RM5 Bln Sukuk To Boost Penang’s Water Infrastructure

GEORGE TOWN, July 8 (Bernama) -- Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) today launched its inaugural RM5 billion Islamic Medium-Term Notes (IMTN) Programme (Sukuk Programme) to support critical water infrastructure development and long-term water security in Penang.

ChemOne Secures US$350 Mln Islamic Insurance Cover From ISDB's Unit

KUALA LUMPUR, July 8 (Bernama) -- ChemOne Group has secured a US$350 million (US$1 = RM4.23) Islamic insurance cover from the Islamic Development Bank (IsDB)'s unit, Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

US Tariff Deadline Expected To Boost Gold’s Safe-haven Appeal Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain their bullish momentum, supported by renewed investor interest in safe-haven assets following the United States tariff deadline on July 9, which has added a layer of uncertainty to the market.

Bursa Malaysia Closes Slightly Higher

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia turned slightly higher at the close today, supported by continued buying in selected heavyweights led by financial services, industrial products and services counters amid a mixed regional markets' performance, an analyst said.

RHB IB Expects BNM To Maintain OPR At 3.0 Pct

KUALA LUMPUR, July 4 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the Overnight Policy Rate (OPR) at 3.0 per cent at its Monetary Policy Committee meeting on July 9, with the balance of risks tilted towards one cut, said RHB Investment Bank (RHB IB).

MoneyHero Launches Annual Awards Honouring Singapore's Best Personal Finance Products

KUALA LUMPUR, July 3 (Bernama) -- MoneyHero Limited (MoneyHero) has launched the “SingSaver Best-Of Awards”, an annual programme recognising Singapore’s top personal finance products.

Kerjaya Prospek Buys Land In Selangor For RM112.79 Mln

KUALA LUMPUR, July 1 (Bernama) -- Kerjaya Prospek Group Bhd will acquire three pieces of land in Selangor for RM112.79 million to increase land banks at strategic locations for future growth.

Gobind Calls On Banks To Help Uplift Communities Via Digital Empowerment

KUALA LUMPUR, June 30 (Bernama) — Banks today must not only be financial enablers but also help in uplifting communities by being digital advocates as well, said Digital Minister Gobind Singh Deo.

BNM: Malaysia’s Official Reserves Assets At US$119.59 Bln As Of End-May 2025

KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$119.59 billion (US$1= RM4.21) as of end-May 2025, while other foreign currency assets stood at US$955.2 million, according to Bank Negara Malaysia (BNM).

Banks To Begin Charging Service Tax On Financial Services From July 1 Under Expanded Scope

KUALA LUMPUR, June 25 (Bernama) -- Member banks of Malaysia's banking associations will begin implementing the service tax on relevant financial services in phases from July 1, 2025, in accordance with the guidelines issued by the Royal Malaysian Customs Department.

Fitch Keeps 'Neutral' Outlook On Malaysia's Banking Sector, Revises Outlooks For Some Asian Countries

KUALA LUMPUR, June 19 (Bernama) -- Fitch Ratings has maintained its “neutral” outlook on Malaysia’s banking sector for 2025 while adjusting the outlooks for several Asia-Pacific countries amid trade war exposures.