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The Vietnamese bancassurance market is heating up with a notable exclusive bancassurance agreement signed between LienVietPostBank and Dai-ichi Life Insurance Co of Vietnam (Dai-ichi Life Vietnam).
KUALA LUMPUR: Allianz Asia Pacific (Allianz) and The Hong Kong and Shanghai Banking Corporation Limited (HSBC) announced a 15-year extension of the exclusive bancassurance distribution agreement, covering key markets in Asia including Malaysia to 2036.
HANOI (Vietnam News/ANN): Local credit institutions are enjoying a rise in bancassurance activities with more exclusive deals coming, according to industry insiders.
PETALING JAYA: The long-term growth outlook for Syarikat Takaful Malaysia Keluarga Bhd (STMB) looks bright, according to analysts.
Bank Negara has been busy addressing concerns about skyrocketing health insurance premiums that have been making headlines in the mass media.
With digital transformation continuing to shape the banking landscape here and globally, the RHB Banking Group has earmarked up to RM1bil over the next three years for information technology (IT) and digital transformation capital expenditure (capex).
Malayan Banking Bhd (Maybank), which posted a historic high net profit of RM10.09bil in the financial year ended Dec 31, 2024 (FY24), is banking on robust investments into the country and higher consumption to spur growth.
KUALA LUMPUR: Sun Life Malaysia has appointed Noor Azam Mohd Yusof as the chief executive officer of Sun Life Malaysia Takaful Bhd (SLMT), effective Feb 3, 2025.
PETALING JAYA: AMMB Holdings Bhd and US-based MetLife International Holdings LLC have mutually agreed to terminate the proposed disposal of their jointly-owned insurance and takaful businesses to Great Eastern Holdings Ltd, a deal that was initially worth RM1.12bil.
PETALING JAYA: Hong Leong Bank Bhd (HLB) has appointed Jeffrey Yap, a seasoned investment professional with over 28 years of experience in global financial markets, as head of regional wealth management, with immediate effect.
PETALING JAYA: Affin Hwang Investment Bank Research (Affin Hwang Research) expects corporate earnings growth to see a moderate trajectory in the first half of 2025 (1H25).
KUALA LUMPUR: Malayan Banking Bhd’s insurance and takaful arm Etiqa Insurance and Takaful remains hopeful of maintaining the growth momentum in the financial year ending Dec 31, 2024 (FY24) following commendable growth shown in the nine months ended Sept 30, 2024.
PETALING JAYA: Analysts are overall optimistic on Malayan Banking Bhd (Maybank), highlighting the opportunities presented by the group’s insurance and takaful arm, Etiqa.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) president and group CEO Datuk Khairussaleh Ramli said the bank is making good progress with healthy toplines and a commendable overall nine months earnings.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is considering options including buying out Ageas SA’s minority stake in Etiqa as Malaysia’s biggest lender seeks to boost the value of the Southeast Asian insurer, according to people with knowledge of the matter.
Malayan Banking Bhd (Maybank) is considering options including buying out Ageas SA’s minority stake in Etiqa as Malaysia’s biggest lender seeks to boost the value of the South-East Asian insurer, according to people with knowledge of the matter.
Public Bank Bhd’s first major press conference in 15 years clearly shows what lies ahead for the banking group.
Public Bank Bhd (PBB) took an important step to align the future shareholding of the estate of the late Tan Sri Teh Hong Piow and also solidify its future with the acquisition of LPI Capital Bhd. Public Bank chief executive officer and managing director Tan Sri Tay Ah Lek answers some questions posed by StarBiz on the moves made last week.
The valuation of CIMB Group Holdings Bhd may get a boost from its Singapore operations that have made a significant turnaround after having impaired oil and gas as well as marine sector loans in 2020.
