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Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Monday (April 21, 2025).
KUALA LUMPUR: The Sessions Court has fixed May 23 for the decision on Datuk Wan Saiful Wan Jan's application to obtain the bank statements of a company in connection with his money laundering and corruption trial involving the Jana Wibawa project.
PETALING JAYA: The banking industry has paid tribute to 67 bank employees whose efforts saved customers from falling victim to scams in which they could have lost a total of RM12.4mil.
CIMB Group Holdings Bhd's Indonesian subsidiary PT Bank CIMB Niaga Tbk (CIMB Niaga) posted an audited consolidated profit before tax of 8.7 trillion rupiah or about RM2.4bil for its financial year ended Dec 31, 2024 (FY24), reflecting a 4.4% increase year-on-year (y-o-y).
CIMB Group Holdings Bhd is optimistic about achieving its targets for the current financial year ending Dec 31, 2024 (FY24). This confidence stems from the group’s strong performance to date and a strategic focus that positions the group for continued growth.
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have partnered with Samsung Malaysia Electronics to provide customers with a range of products and services, including attractive financing plans, exclusive trade-in offers, and special promotions for selected Samsung Galaxy devices.
PETALING JAYA: Analysts remain largely sanguine in their outlook for the banking industry, supported by stable dividend yields, limited downside risk to sector earnings and a conducive operating environment in 2025, among other factors.
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have introduced a financially inclusive Amanah Saham Bumiputera (ASB) financing solution in collaboration with CTOS Data Systems Sdn Bhd and Sun Life Malaysia Takaful Bhd.
CIMB Group Holdings Bhd has the potential to post higher earnings, improve its return on equity and pay out higher dividends as it enjoys strong loan growth.
Alliance Bank Malaysia Bhd's (ABMB) proposed right issue to raise RM600mil in fresh capital aims to support its 10% to 12% loan growth target over the next two years, while strengthening its common equity tier 1 (CET1) ratio to 13.5%.
KUALA LUMPUR: CIMB Bank Bhd has announced that it is one of the first Malaysian banks to introduce Google Wallet, in line with Google’s announcement on the introduction of Google Wallet today.
PT Bank Commonwealth will be a good fit for CIMB Group Holdings Bhd should it succeed in acquiring the Indonesian bank.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has imposed administrative monetary penalties on Malayan Banking Bhd (Maybank) and CIMB Bank Bhd for e-banking service outages that occurred in June and April, respectively.
Bank Negara has imposed administrative monetary penalties on Malayan Banking Bhd (Maybank) and CIMB Bank Bhd for e-banking service outages that occurred in June and April, respectively.
KUALA LUMPUR: CIMB Group Holdings Bhd is optimistic for the rest of the year but remains cautious about ongoing global economic challenges and market volatility.
CIMB Bank Bhd and CIMB Islamic Bank Bhd have introduced a financially inclusive Amanah Saham Bumiputera (ASB) financing solution in collaboration with CTOS Data Systems Sdn Bhd and Sun Life Malaysia Takaful Bhd.
PETALING JAYA: The impact of Bank Islam Bhd’s potentially stronger loan growth may be diluted by the higher costs of funds amid deposit competition.
AFTER two years of restrictions, Malaysians are thrilled to have been able to physically meet with their friends and family as well as plan for their next holiday trips.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Monday (Oct 21, 2024)
KUALA LUMPUR: Malaysian banks remain committed to assisting its customers and borrowers post-automatic blanket moratorium which ended on Sept 30, particularly those who continue to be affected financially.
