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1-10 results from 1000 for query «banking»

April 19, 2018 1:12 PM Nestle Malaysia pays RM7.2m interest for intra-group loan

In a filing to Bursa Malaysia, Nestlé said, its wholly-owned unit, Nestle Manufacturing (M) Sdn Bhd, had obtained an IGL of US$68 millon (RM264 million) from NTC-MEA for general corporate purposes. — Reuters picKUALA LUMPUR, April 19 ― The interest charges paid for intra-group loan (IGL) from Nestle Treasury Centre-Middle East and Africa Ltd (NTC-MEA) 9

April 17, 2018 7:39 AM MBSB Bank says processing up to RM6b affordable housing loans

President CEO Datuk Seri Ahmad Zaini Othman said the applications in the pipeline included loans for the PR1MA, PPA1M and Rumawip. — Picture by Azneal Ishak.KUALA LUMPUR, April 17 — MBSB Bank Bhd, Malaysia’s second largest full-fledged Islamic banking by asset size, is currently processing up to RM6 billion in loans for affordable housing. President 7

April 12, 2018 11:17 AM World Bank specialist: Malaysia’s advanced financial regulatory framework, supervisory practices attract investors

World Bank lead financial sector specialist Jose de Luna-Martine said many international banks recognised the fact that Malaysia had adopted the best international standard in terms of regulations and supervisory practices, and was one of the early adopters of Basel III, the international regulatory framework for banks. — Reuters picKUALA LUMPUR, April 5

April 8, 2018 1:01 PM Mustapa: BN banking on special manifesto to win Kelantan

Datuk Seri Mustapa Mohamed said Kelantan BN is gambling on it special manifesto to be launched next Wednesday to recapture the state from the opposition after 28 years. — Picture by Zuraneeza ZulkifliKUALA LUMPUR, April 8 — Kelantan Barisan Nasional (BN) is gambling on it special manifesto to be launched next Wednesday to recapture the state from the opposition 4

April 6, 2018 2:34 AM Banking on Qingming offerings

THE tradition of burning paper replicas during Qingming Festival by the Chinese community to offer their ancestors worldly goods in the afterlife dates back thousands of years. Over time, the offerings have changed from paper clothes to more modern gifts such as paper mobile phones and tablets. These raised the question on the availability of the Internet 8

April 3, 2018 12:54 PM CIMB partners Sompo for bancassurance

KUALA LUMPUR: CIMB Group Holdings Bhd and Sompo Holdings (Asia) Pte Ltd have launched their bancassurance partnership in Malaysia, whereby CIMB will distribute Sompo’s non-life insurance solutions through its distribution network. This Malaysian partnership forms part of the CIMB-Sompo regional partnership arrangement, which also includes Singapore 12

April 2, 2018 8:27 AM Asian Finance Bank is now MBSB Bank

KUALA LUMPUR: Asian Finance Bank Bhd (AFB) is now known as MBSB Bank Bhd after being acquired by Malaysia Building Society Bhd (MBSB). MBSB Bank president and group CEO Datuk Seri Ahmad Zaini Othman said with the transfer of all MBSB's syariah-compliant assets and liabilities to AFB, MBSB Bank is safely the second largest full-fledged Islamic bank in the country 8

March 30, 2018 4:38 AM RHB aims for 11% growth in retail loans this year

KUALA LUMPUR: RHB Bank Bhd is "aggressively" targeting an 11% growth in retail loans for 2018, against the 8.9% achieved last year. RHB acting head of retail banking Nazri Othman said the focus will be on products such as mortgage, personal loans, unit trust financing and credit cards to achieve this target. "Retail asset size within the bank is about 7

March 29, 2018 9:56 AM Maybank Islamic CEO Mohamed Rafique appointed IBFIM chairman

Datuk Mohamed Rafique Merican, has been appointed Chairman of the Islamic Banking and Finance Institute of Malaysia’s (IBFIM) board of directors. — Bernama file picKUALA LUMPUR, March 29 — Maybank Islamic Bhd Chief Executive Officer (CEO), Datuk Mohamed Rafique Merican, has been appointed Chairman of the Islamic Banking and Finance Institute of Malaysia’s 9

March 26, 2018 12:41 PM CIMB wins best retail bank award second year in a row

A pedestrian walks past a CIMB Bank Bhd bank branch in Jalan Raja Laut, Kuala Lumpur January 4, 2018. — Picture by Firdaus LatifKUALA LUMPUR, March 26 — CIMB Bank Berhad has been recognised by The Asian Banker Awards as the Best Retail Bank in Malaysia for the second year in a row. CIMB Group Consumer Banking chief executive officer Samir Gupta said they were deeply 10