Tag Archives: banking

Wednesday, 19 July 2017 WINCHESTER: The Bank of England (BoE) on Tuesday unveiled a new bank note featuring Jane Austen to coincide with the author’s death 200 years ago after a campaign to include more women on Britain’s currency. The new note worth 10 pounds and made of polymer instead …

Thursday, 22 June 2017 PETALING JAYA: Malaysian banks’ credit profile remains stable but a number of challenges weigh on them, including high corporate and household debt as well as slower economic growth in recent years. Standard & Poor’s Global Ratings analyst Rujun Duan said in a report that a combination …

Friday, 2 June 2017 KUALA LUMPUR: RHB Bank and AmBank climbed early Friday as investors were positive on the proposed merger of the banks. At 9.12am, RHB Bank and AmBank were up 14 sen each to RM5.53 and RM5.35. The FBM KLCI was up 7.01 points or 0.4% to 1,770.12. …

Friday, 26 May 2017  PETALING JAYA: Malayan Banking Bhd (Maybank) made a net profit of RM1.7bil or 16.73 sen per share for its first quarter ended March 31, up 19% from the net profit RM1.43bil or 14.64 sen per share recorded in the same quarter a year earlier. This was …

Tuesday, 23 May 2017 KUALA LUMPUR: AmBank Group won 3 awards at the Malaysian e-Payments Excellence Awards (MEEA) 2017. AmBank was honoured with the awards for Outstanding Contribution to JomPAY, Top MyDebit Acquirer (First Place) and Outstanding Contribution to MyDebit. The MEEA is an annual event that recognises the outstanding …

Tuesday, 23 May 2017   KUALA LUMPUR: CIMB Bank Bhd has clinched 5 awards at the Malaysian e-Payments Excellence Awards 2017 (MEEA) for its contribution to the growth of e-payments in the country. The 5 awards it bagged were: Best JomPAY Bank, Best Customer Experience for JomPAY, JomPAY Innovative Award, …

Friday, 14 April 2017 ONE super hot trend in the tech space is payment systems. Technology has always enabled making payments easier and that evolution is picking up pace. Now that Jack Ma and Alibaba and its payment arm Alipay have become household names in Malaysia, how soon will these …

Monday, 3 April 2017 TOKYO: Asian shares started the week on a steady footing on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth. MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed …

Saturday, 1 April 2017 KUALA LUMPUR: The ringgit is expected to strengthen against the US dollar next week, on expectations of positive Malaysian trade data, a dealer said. MIDF Amanah Investment Bank Bhd’s Chief Economist Dr Kamaruddin Mohd Nor said however, the ringgit is likely to see range-bound trade between …

Thursday, 16 March 2017 HONG KONG: Hong Kong’s central bank raised its benchmark interest rate by a quarter point for the second time in 3 months on Thursday, following a similar move by the U.S. Federal Reserve and said capital outflows will not pose challenges for the economy. While the …