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Sarawak Energy Expands Support For Vendors Through PUNB, UOB Financial Tie-ups

KUCHING, Nov 20 (Bernama) -- Sarawak Energy Bhd (SEB) has expanded its support for local vendors through new financial collaborations with Perbadanan Usahawan Nasional Berhad (PUNB) and United Overseas Bank (UOB) Malaysia, aiming to enhance vendor capability and strengthen the resilience of its supply chain.

Affin Bank Posts RM144.99 Mln Net Profit For 3Q

KUALA LUMPUR, Nov 20 (Bernama) -- Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) slid to RM144.99 million from RM145.82 million a year ago.

Sekatarakyat Launches RM2 Bln Wakalah Sukuk

PUTRAJAYA, Nov 20 (Bernama) -- Koperasi Kakitangan Bank Rakyat Bhd (Sekatarakyat) has entered into a collaboration with Bank Islam Malaysia Bhd through the issuance of RM2 billion worth of Wakalah Sukuk, marking the cooperative's inaugural entry into the Shariah-compliant capital market.

Bank Muamalat Wins Two Honours At Islamic Retail Banking Awards 2025

KUALA LUMPUR, Nov 20 (Bernama) -- Bank Muamalat Malaysia Bhd has clinched the IRBA Excellence Award for Islamic Retail Banking in Malaysia 2025 and the Best Islamic Retail Bank for Social Finance Initiatives in Malaysia 2025 at the Islamic Retail Banking Award (IRBA) 2025 held in Karachi, Pakistan.

HSBC Malaysia Grows Its Wealth Ambition With JB Centre

JOHOR BAHRU, Nov 19 (Bernama) -- HSBC Malaysia has reinforced its commitment to growing its wealth and affluent banking capabilities with the opening of a Wealth Centre at its Jalan Bukit Timbalan branch here yesterday.

ASEAN Cross-border QR Payment Surges To 12.9 Million Transactions In 1h 2025 -- BNM Governor

KUALA LUMPUR, Nov 19 (Bernama) -- ASEAN cross-border Quick Response (QR) payment has surged, reaching 12.9 million transactions in the first half of 2025, said Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour.

Four More BSN Mobile Banks For Sabah, Sarawak, Pahang & Perak

KUALA LUMPUR, Nov 18 (Bernama) -- The government has allocated four more Bank Simpanan Nasional (BSN) mobile bank units in 2026 specifically to increase access to banking services to residents in the rural areas of Sabah, Sarawak, Pahang, and Perak.

Malaysia To Champion Islamic Fintech, Climate-oriented Sukuk By 2040 -- DPM Fadillah

KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia aspires to be the global benchmark for regulation, innovation and Islamic environmental, social and governance (ESG) as well as a centre of excellence for Islamic fintech (financial technology) and climate-oriented sukuk by 2040, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

IILM Issues US$1.35 Bln Sukuk Featuring First Nine-month Note

KUALA LUMPUR, Nov 17 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has issued and reissued US$1.35 billion (US$1 = RM4.15) in short-term sukuk across five tenors, its widest range of maturities offered in a single auction.

Sarawak Enhances Islamic Financial Offerings Through DBOS

KUCHING, Nov 17 (Bernama) -- The launch of the Islamic Banking Window by the Development Bank of Sarawak (DBOS) not only strengthens its financial offerings but also reinforces Sarawak’s commitment to inclusive, value-based development.

PIDM Appoints Abu Huraira Abu Yazid As Chairman Effective Nov 15

KUALA LUMPUR, Nov 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Datuk Abu Huraira Abu Yazid as its chairman, effective Nov 15, 2025, succeeding Datuk Seri Zukri Samat, who retired.

AM Best Revises Outlook On ZhongAn To Positive

KUALA LUMPUR, Nov 14 (Bernama) -- Global credit rating agency, AM Best has revised the outlooks on China’s ZhongAn Online P&C Insurance Co Ltd (ZhongAn) to positive from stable while affirming its financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent).