Malaysia

Goldman Sachs pleads not guilty in 1MDB bond sales fraud

The bank is accused of misleading investors on $6.5b in bond sales.

Goldman Sachs pleads not guilty in 1MDB bond sales fraud

The bank is accused of misleading investors on $6.5b in bond sales.

Malaysia pushes QR-payments adoption to combat cash reliance

The DuitNow QR System is a key factor to drive interest in cashless payments.

Malaysian banks boast ample capital despite higher buffer requirement

The central bank has currently set the countercyclical buffer at 0%.

Coronavirus will have little impact on Malaysian banks: analyst

Overnight policy rate cut and the 2019 nCov dented the sector.

Chart of the Week: Malaysia's loan growth halved to 3.9% in 2019

Both household and non-household loan growth slowed.

Malaysian small lenders endangered by digital banks' entrance

More competition could jumpstart a build-up of debt within lower-income borrowers.

Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid

Up to five licences will be granted to either conventional or Islamic banks.

Chart of the Week: Malaysian card payments to hit $81b by 2023

The interchange fee cap and adoption of new financial tech is helping reduce cash reliance.

Malaysian banks' net profit to grow 4.8% in 2020: report

But NIMs are expected to taper off a further 3bps over the period.

CIMB allots $730m for corporate sustainable loans

Borrowers will receive interest rate rebates upon reaching pre-agreed targets.

Malaysian SMEs complete UOB-backed digitisation programme

It is expected to improve their productivity by up to 30%.

Malaysia's loan growth slows to 3.2% in October

Loan applications slimmed by 1.1% in the same month.

CIMB allocates $12m for micro SMEs

Micro SMES may received financing of up to $11,991.

Malaysia's central bank extends maximum tenor of repo to 5 years

This expands the previous deadline of only one year.

Malaysia's Islamic banks pull ahead of Indonesia in the digital curve

CIMB Group has pledged to invest $477m over the next five years to strengthen its digital platforms.

Malaysian banks still struggle with sluggish loan growth

Loans grew by just 3.8% in September amidst persistent weakness in business loans.

Will swelling private sector debt threaten Malaysian banks?

Private sector debt as a share of GDP is tipped to hit 153% by end-2019.