ePaperEventsR.AGEmStarMajoritiStarPropertyStarCherishStarCarsifuStarSearchmyStarjobKualiKuntumSuriaFM988FM
Affin Bank Bhd has signed a memorandum of understanding (MoU) with MUFG Bank (M) Bhd to foster business cooperation and drive shared growth opportunities.
KUALA LUMPUR: Affin Bank Bhd has inked a partnership with MUFG Bank (Malaysia Bhd), a unit of Mitsubishi UFG Financial Group Inc, to cooperate in strategic sectors aligned with the industrial masterplans of Japan and Malaysia.
Affin Bank Bhd's financial year ended Dec 31, 2024 (FY24) results have beaten analyst expectations on better asset quality but surprised with a bonus issue in place of cash dividends.
KUALA LUMPUR: Affin Bank Bhd remains committed to its AX28 Transformation Plan, aiming to drive profitability through loan and financing growth, as well as expanding its current account base.
PETALING JAYA: Affin Bank Bhd's financial year ended Dec 31, 2024 (FY24) results beat analysts' expectations on better asset quality but surprised with a bonus issue in place of cash dividends.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
PETALING JAYA: The earnings recovery momentum of the local rubber glove sector may be halted as the sales volumes and average selling prices (ASPs) trended down in January and February.
KUALA LUMPUR: Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
Affin Bank Bhd is charting a course for growth with plans to increase its branch network, targeting 146 branches by the end of 2025 and 180 by 2028 from 130 in 2024.
PETALING JAYA: Affin Bank Bhd is charting a course for growth with plans to increase its branch network, targeting 146 branches by the end of 2025 and 180 by 2028 from 130 in 2024.
Malaysia will host the Asean Investment Conference 2025 (AIC 2025) with the aim to position "Asean as an asset class" and attract capital flows within the region and beyond.
The Malaysian banking sector is expected to remain on a firm footing moving into the second quarter of the year, thanks in part to strong loan growth.
KUALA LUMPUR: The Malaysian banking sector remains bullish as it provides a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).
The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56% to 35% under 'Project Earth' over the next three years to lower exposure while retaining control.
PETALING JAYA: Analysts have tweaked Affin Bank Bhd’s earnings target by a small quantum but the bank’s own target remains above their estimates.
KUALA LUMPUR: The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56 per cent to 35 per cent under 'Project Earth' over the next three years to lower exposure while retaining control.
Affin Bank Bhd expects the overall outlook for the domestic banking sector to remain favourable for the remainder of 2024 supported by steady loan and financial growth as well as stable asset quality
KUALA LUMPUR: Affin Bank Bhd recorded a stronger bottomline on the back of a jump in non-interest income in the nine months period ended Sept 30, 2024 (9MFY24).
KUALA LUMPUR: Affin Bank Bhd, Malayan Banking Bhd and CIMB Group Holdings Bhd have announced flood relief assistance programmes to assist individuals and enterprises affected by the floods.
Foreign shareholding in listed Malaysian banks is nearly at a five-year peak, even as foreign funds remain as net sellers of local equities for 21 straight weeks.
