Malaysian Banks To Record Higher Profits In 2025 -- Economist

KUALA LUMPUR, Dec 3 (Bernama) -- Malaysia’s banking sector is projected to continue recording higher profits in 2025, supported by steady loan growth, a stable interest rate environment, and non-interest income, said an economist. 

RHB Bank Posts Higher Net Profit Of RM833.19 Mln In 3Q FY2024

KUALA LUMPUR, Nov 29 (Bernama) -- RHB Bank Bhd's net profit surged to RM833.19 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM649.95 million in the same period last year, attributable to higher total income and lower expected credit losses (ECL).

Banking Sector's Loan Growth To Taper To 4-5 Pct In 2025 - AmInvestment Bank

KUALA LUMPUR, Nov 18 (Bernama) -- AmInvestment Bank expects loan growth in the banking sector to taper to 4.0-5.0 per cent in 2025 on a potential tariff driven slowdown in exports and risk to consumption spending from the RON 95 rationalisation.

Ringgit Closes Stronger Against US Dollar On Market Optimism

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit closed stronger against the US dollar today, driven by broad market optimism.

BNM Expected To Keep OPR At 3.0 Pct In 2025 - Banks

KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year. 

OPR Decision Boosts Market Confidence, Lifts Bursa Malaysia In Early Trade

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia's key index opened higher in early trade, buoyed by clearer investor direction in the market following yesterday's announcement of the Overnight Policy Rate (OPR).

BNM's OPR Hold Signals Positive Outlook For Investment Growth - Economists

By Harizah Hanim Mohamed

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

Bursa Malaysia Ends Higher On Positive Sentiment, CI Up 0.83 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.

BNM Maintains OPR Unchanged At 3.0 Pct

KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia remained firm at midday as investors awaited the US presidential election results and Bank Negara Malaysia’s decision on the overnight policy rate (OPR) due later today.

FBM KLCI Rises In Opening Trade Ahead Of OPR, US Election Results

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia's key index rose in opening trade on Wednesday, with the FBM KLCI expected to trade within the 1,615–1,625 points range ahead of two major events today -  Bank Negara’s overnight policy rate (OPR) decision and the results of the US presidential election.

Ringgit Strengthens Against Greenback ahead Of OPR Decision

KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit extended its gains against the US dollar at the opening on Wednesday, driven by improved sentiment ahead of Bank Negara’s (BNM) announcement on the overnight policy rate (OPR) later today.