Malaysia

HLB and Cagamas concludes RM300m green deal

It is Malaysia's first corporate issuance relating to green housing loans and financing.

Malaysian banks face flattish NIMs amidst slower-than-expected loan growth

Dividend yield will remain attractive, however, says UOB Kay Hian.

RHB Islamic Bank targets $1.28b in wealth management by 2026

Its new Visa multi-currency card and new Islamic wealth portal will help achieve this goal.

Public bank ties up with gov’t to finance SMEs

Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.

UOB Malaysia unveils supply chain management services in UOB Infinity platform

UOB clients will be able to digitally connect to buyers, suppliers, and distributors across Asia.

CIMB raises sustainable finance target to $13.7b by 2024

The bank has already directed close to $9.6b in sustainable finance since 2021.

Strong income drives CIMB to a 26.2% net profit growth in H1

An interim dividend of 17.5 sen per share has been proposed.

Maybank’s first half profits surge 26% YoY

Its further expansion was dampened by a contraction in net fund-based income.

Alipay+, Malaysia’s PayNet ink deal for smooth digital payments

This further expands the regional cross-border digital payment plan of Alipay+.

Public Bank posts 18% YoY net profit growth for 1H 2023

Its overseas operations accounted for 7.8% of the overall earnings.

MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors

Proceeds will be used for working capital needs related to EVs.

Public Bank ties with PRO-NET, bolster presence in NEV industry

The bank commits NEV lending to reach RM33b by 2025.

Malaysia’s Public Bank extended $2.6b 'affordable home' loans in 2022

The bank has given out RM67b in commercial loans to Malaysian SMEs.

Malaysia’s Curlec by Razorpay launches payment gateway

Curlec targets RM10b in annualised gross transaction value by 2025.