CIMB launches first-car financing programme for young buyers
KUALA LUMPUR: CIMB Bank Bhd has introduced a new financing programme for first-time car buyers aged between 18 and 30, offering financing, insurance or takaful protection, and credit card benefits under a single package.
UOB targets affluent growth
United Overseas Bank (M) Bhd (UOB) intends to double its affluent customer base by 2028, elevating its wealth proposition to meet rising income levels, increasing financial sophistication, and evolving client expectations.
UOB Malaysia elevates wealth proposition to double affluent customer base by 2028
PETALING JAYA: UOB Malaysia intends to double its affluent customer base by 2028, elevating its wealth proposition to meet rising income levels, increasing financial sophistication, and evolving client expectations.
Maybank Islamic named Global Islamic Bank of the Year 2026
KUALA LUMPUR: Maybank Islamic Bhd has been named Global Islamic Bank of the Year 2026 by financial publication The Banker, marking the fifth time it has received the accolade since 2015.
Indonesia central bank raises policy rates again to support rupiah
JAKARTA: Indonesia's central bank raised its benchmark interest rates by 25 basis points on Thursday, just a week after a surprise off-cycle rate hike, as it seeks to attract fresh capital inflows and halt selling in its battered rupiah and other assets.
Banks poised to regain momentum in 2Q26
Malaysia's banking sector is expected to regain momentum in the second quarter of financial year 2026 (2Q26), as stabilising market conditions, easing funding costs and resilient credit demand support earnings, despite a subdued 1Q26 weighed down by weaker trading income and higher provisions.
CIMB Islamic Bank bags two accolades
CIMB Islamic Bank Bhd has strengthened its position as a leading regional Islamic financial institution, securing two prestigious accolades at the 2026 The Banker Islamic Banking Awards, namely the Islamic Bank of the Year – Asia and Most Innovative Murabaha.
Outlook for MSMEs remains resilient despite weaker 1H 2026 Sentiment Index - SME Bank
KUALA LUMPUR: Operational outlook among Malaysia's micro, small and medium enterprises (MSMEs) remains resilient over the next six to 12 months despite a weaker SME Sentiment Index (SSI) reading for the first half of 2026 (1H 2026).
DBS retail wealth push pays off handsomely
SINGAPORE: DBS Bank customer Lim Mei Luan was pleasantly surprised when she received an e-mail from the bank a few months ago informing her that she had been assigned a wealth planning manager.
Malaysian banks' profitability eases in 1Q 2026 - RAM Ratings
KUALA LUMPUR: Malaysian banks' first quarter 2026 (1Q 2026) financial performance softened slightly, weighed down by higher provisions even as loan growth gathered pace, said RAM Rating Services Bhd.
