#BankingInvestment

Economists See No OPR Cuts Just Yet

Bank Negara Malaysia (BNM) is unlikely to cut interest rate when the monetary policy committee meets 9 July 2019. MIDF Head of Research Mohd Redza Abdul Ra...

6d ago

#BankingInvestment

BNM Maintains OPR at 3% as Growth Projection Subject to Downside Risk

Bank Negara Malaysia's (BNM) monetary policy committee (MPC) has at its meeting on 9 July 2019 decided to maintain the overnight policy rate (OPR) at 3%. A...

7d ago

#Article

Loan Approvals in May Soar 13% After OPR Cut

Bank Negara Malaysia (BNM)’s decision to cut the overnight policy rate (OPR) by 25 basis points had pushed loan approvals by 13% in May compared with...

7d ago

#BankingInvestment

Standard Chartered Expects BNM to Keep OPR Unchanged at 3%

Standard Chartered Global Research expects Bank Negara Malaysia (BNM) keep the overnight policy rate unchanged at 3%, after having cut by 25 basis points (...

8d ago

#BankingInvestment

BSN Youth Housing Scheme for First-Time Homebuyers

Are you planning to buy a house soon? BSN has a great offer for you especially if you are a first-time homebuyer and aged between 21- 45 years old with a m...

05-07-2019

#BankingInvestment

Banks' Interest Rate After BNM's 2019 OPR Cut

The Overnight Policy Rate (OPR) is an overnight interest rate set by Bank Negara Malaysia (BNM). It is a rate a borrower bank has to pay to a leading bank ...

02-07-2019

#BankingInvestment

Bank Muamalat Achieves Record PBT of RM241m in FY19

Bank Muamalat Malaysia Bhd announced a record profit before tax (PBT) of RM241.2 million in its financial year ended March 31, 2019 (FY19), up 4.6% from RM...

02-07-2019

#BankingInvestment

Affin Bank to List the Nation's Third Biggest Asset Management Firm Soon?

Affin Bank Bhd is hardly on investors’ radar when they are looking for banking stocks. The banking group’s market capitalisation stands at RM4....

01-07-2019

#BankingInvestment

World Bank Lowers Malaysia's 2019 GDP Growth Forecast to 4.6% as Global Risks Heighten

The World Bank has lowered Malaysia's gross domestic product (GDP) forecast to 4.6% in 2019 to reflect unresolved trade tensions, a sharper-than-expected s...

01-07-2019

#BankingInvestment

RHB’s New China Bond Fund Targets to Hit RM100m

RHB Group Asset Management (RHBGAM) launched RHB China Bond Fund, a feeder growth fund that aims to maximise total returns by investing at least 95% of the...

28-06-2019

#Article

BNM in Midst of Setting Up Financial Threat Intelligence Platform, Says Governor

Bank Negara Malaysia (BNM) is in the midst of setting up a Financial Threat Intelligence Platform to better equip Malaysia against cyber threats in the age...

18-06-2019

#BankingInvestment

HSBC : BNM Unlikely to Further Cut OPR This Year

Malaysia’s economy remains sound and Bank Negara Malaysia (BNM) is unlikely to further reduce the overnight policy rate (OPR) this year, says HSBC Privat...

15-06-2019

#BankingInvestment

Short-Term Rates Remain Stable on BNM's Operations

Short-term interbank rates remained stable on Bank Negara Malaysia's (BNM) operations to absorb surplus liquidity from the financial system. The surplus in...

11-06-2019

#BankingInvestment

HLIB Research Says Positive Leads Emerging for Banking Sector

Hong Leong Investment Bank Bhd (HLIB) said positive leads are emerging for the banking sector but said it will take some time before it turns a bit more bu...

05-06-2019

#BankingInvestment

Hong Leong Bank Q3 Net Profit at RM633.9m

Hong Leong Bank Bhd's net profit fell by 8.1% to RM633.89mil from RM690.03mil a year ago due to lower net income but mitigated by lower operating expenses,...

02-06-2019

#BankingInvestment

CIMB 1Q Earnings Dip 9% Y-O-Y to RM1.19b on Lower Income, Higher Expenses

CIMB Group Holdings Bhd net profit for the first quarter ended 31 March 2019 fell 9% year-on-year (y-o-y) to RM1.19 billion versus RM1.31 billion previousl...

02-06-2019

#International

Australia Home Prices Stabilise on Rate Cut Prospects

Australian home prices saw a tantalising hint of stability as the hard-hit market drew support from the prospect of lower mortgage rates and a continuation...

02-06-2019

#BankingInvestment

AmBank FY19 Net Profit Rises to RM1.5b

AmBank Group’s net profit for the financial year ended 31 March 2019 rose by 32.9% to RM1.505bil from RM1.132bil in FY18, driven by its strong transforma...

01-06-2019

#BankingInvestment

Malaysia Does Not Practise Unfair Currency Practices

Bank Negara Malaysia (BNM) said Malaysia supports free and fair trade and does not practise unfair currency practices. This statement is made after Malaysi...

01-06-2019

#BankingInvestment

Affin Hwang Research Maintains Buy on RHB Bank

Affin Hwang Capital Research is retaining its buy call on RHB Bank with a target price of RM6.30 after it reported a robust 1Q19 first quarter results and ...

31-05-2019