Tag: banking

HSBC supports local businesses to face operation challenges

HSBC Malaysia recognises that the pandemic has disrupted business across the board and remains committed to continue helping their customers in various ways.Hence, HSBC...

BIMB 1Q20 net profit up by 3.3 percent to RM209.2 million

BIMB Holdings Bhd (BHB), reported its net profit attributable to shareholders rose 3.3 percent to RM209.2 million for the first quarter (Q1) ended March...

RHB Bank records RM570.9 million net profit in Q1 2020

RHB Bank Bhd recorded a net profit of RM570.9 million for the first quarter ended March 31, 2020 which is lower by 9.4 percent...

HLM Takaful i-Heritage Protector secures your family’s future

Hong Leong MSIG Takaful (HLM Takaful), the preferred Takaful provider, is committed to places more value on what matters most; family's health and safety,...

HSBC launches e-DuitRaya for customers to send to loved ones

HSBC Malaysia being the first international bank to launch DuitNow QR, has introduced new cashless payment and transfer features for customers to share and...

KPMG: Digital banks should focus on the unserved and underserved...

According to KPMG's latest survey, Malaysian consumers are ready and willing to embrace digital banking. The study revealed that 77 percent of the 1,220...

UOB rolls out robo advisory services to Malaysia

UOB Bank expands its UOB Asset Management (UOBAM) Invest service, a robo-advisory service, for corporate investors who want to customise their investment portfolios online...

Standard Chartered reduces base lending rate by 50 basis points, in...

Standard Chartered Malaysia is reducing down its base rate and base lending rate by 50 basis points to 2.52 percent and 5.7 percent per...

CIMB reduces base rates by 50 basis points

CIMB Bank Berhad and CIMB Islamic Bank Berhad will effect a corresponding 50-basis point reduction in their Base Rate and Fixed Deposit  and Fixed...

RHB revises base rate downwards by 50 basis points

RHB Banking Group has revised its Base Rate (BR) and Base Lending Rate (BLR) downwards by 50 basis points effective May 13, in line...

HSBC profits halved as virus batters global economy

HSBC on Tuesday said first quarter pre-tax profits almost halved as the banking giant was battered by the global coronavirus pandemic while it embarked...

Being the centre of every payment flow

By Poovenraj Kanagaraj“In Malaysia, about 60 percent of consumer spend using cash, even thought we have seen digital payments usage growing in strength,” says...

CIMB Improving Banking Experience with Robotics Process Automation

CIMB's latest introduction of Robotic Process Automation (RPA) in its banking operations have proved efficient. The bank noted reduced turnaround time, faster processing and...
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