17d ago
KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.
18d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) has refreshed the design of the DuitNow QR standee to enhance the visibility and consistency of Malaysia’s national quick response (QR) standard.
18d ago
KUALA LUMPUR, Dec 1 (Bernama) -- Analysts have maintained their ‘Overweight’ calls on the banking sector, citing resilient earnings, loan growth and attractive dividend yields despite ongoing margin pressures.
22d ago
KUALA LUMPUR, Nov 27 (Bernama) -- U Mobile Sdn Bhd’s newly secured RM4.3 billion syndicated financing will help the operator accelerate 5G deployment and strengthen its position in Malaysia’s competitive market.
28d ago
KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia’s benchmark index reversed yesterday’s gains to close lower, weighed down by profit-taking, as selling in selected heavyweights intensified during the last two hours of trading, as investors turned cautious despite mostly higher performances across regional markets.
2m ago
KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.
2m ago
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia Securities Bhd will be suspending the trading of Ireka Corporation Bhd’s (ICB) securities effective Oct 3, 2025.
2m ago
KUALA LUMPUR, Sept 23 (Bernama) — Ireka Corporation Bhd (ICB) has defaulted on loan repayments totalling RM1.04 million owed to Hong Leong Bank Bhd (HLBB) and AmBank (M) Bhd.
3m ago
KUALA LUMPUR, Sept 18 (Bernama) -- Bank Rakyat is offering to defer instalments for six months for individual and business customers affected by the recent floods and landslides in several districts in Sabah.
3m ago
KUALA LUMPUR, Sept 9 (Bernama) -- AmBank Group will continue to strengthen its strategic partnerships with Chinese banks such as China Construction Bank (CCB), Industrial and Commercial Bank of China (ICBC) and Bank of China, as well as leading Chinese entities to support the inflow of foreign direct investment (FDI) into Malaysia.
3m ago
KUALA LUMPUR, Sept 4 (Bernama) -- AmBank Group will provide RM780 million in financing to Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern & Oriental Bhd (E&O), for the Andaman Island project.
3m ago
KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank) expects its loan growth to keep pace with the industry at around 4 per cent this year, driven mainly by business banking and wholesale segments, while retail loans are expected to remain flat.