RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

Hong Leong Financial Group Posts Higher FY2025 Net Profit Of RM3.25 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2025 (FY2025) rose to RM3.25 billion from RM3.19 billion in the previous financial year, driven by improved performance of commercial banking and insurance.

Maybank Continues To Look For Growth Opportunities, Revises Loan, Nim Expectations - President/GCEO

KUALA LUMPUR, Aug 26 (Bernama) -- Malayan Banking Bhd (Maybank) continues to pursue growth opportunities across segments despite soft market conditions, said president and group chief executive officer (GCEO) Datuk Seri Khairussaleh Ramli. 

Public Bank 2Q Net Profit Slips To RM1.76 Bln Due To Lower Non-Taxable Income Effect

KUALA LUMPUR, Aug 26 (Bernama) -- Public Bank Bhd registers a slightly lower net profit of RM1.76 billion for the second quarter ended June 30, compared to RM1.78 billion recorded in the same period last year, due to the effect of lower non-taxable income in the current year.

Cross-Border Financial Integration Raises Spillover Risks - Amir Hamzah

KUALA LUMPUR, Aug 26 (Bernama) -- Financial institutions today operate across borders and legal systems, which has enabled risks and spillovers to spread rapidly, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

BNM’s International Reserves Rise To US$122 Bln As At Aug 15

KUALA LUMPUR, Aug 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$122 billion as of Aug 15, 2025, up from US$121.3 billion recorded on July 31, 2025.

Trident Acquires 30 Pct Stake In Tongxin's Web 3.0 E-commerce Platform On Telegram

KUALA LUMPUR, Aug 19 (Bernama) -- Trident Digital Tech Holdings Ltd (Trident), a Singapore-based digital transformation company, has signed a sales and purchase agreement to acquire a 30 per cent equity stake in Tongxin Innovation Ltd (Tongxin).

Malaysia Urged To Boost Local Gold Refining To Curb Forex Outflow – Prominent Gold Retailer

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia must enhance its local gold refining capabilities to minimise the outflow of foreign exchange (forex) currently incurred by sending the precious metal to overseas facilities.

HSBC Malaysia Unveils Enhanced Premier Service For Affluent Market

KUALA LUMPUR, Aug 13 (Bernama) -- HSBC Malaysia has launched its all-new HSBC Premier service, designed for affluent and high-net-worth customers with an expanded suite of wealth, health, travel and international banking solutions. 

MRL, CCCC Ink Supplementary Agreement 7, Complete ECRL To Westports, Northport

PUTRAJAYA, Aug 7 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) has signed the supplementary agreement 7 (SA7) with the East Coast Rail Link (ECRL) project contractor for the connection from the last station at Jalan Kastam, Port Klang, to Westports and Northport (Section D).

Digital Bank: A Promising Start, With More To Unfold

By M. Saraswathi & Karina Imran

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's digital banking journey is making good progress and has great promise in addressing unserved and underserved segments, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.