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Malaysia Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Malaysia Banking.
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Latest Malaysia Banking News

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  • Malaysia growth may cut corp defaults: RAM 25 Nov 2009 09:07 GMT
    ... MALAYSIA'S corporate default rate will be lower than ... shrank the least in three quarters, the central bank said on November 20, as Prime ...

  • BOCHK signed RMB agreements with ASEAN banks 25 Nov 2009 05:37 GMT
    ... in Hong Kong, these newly-joined RMB Participating Banks in ASEAN countries include Bank Central Asia, Bank ... China Singapore Branch and Bank of China (Malaysia) Berhad. The above Participating Banks will also act ...

  • Leading lady 25 Nov 2009 04:30 GMT
    ... France's Economy, Industry and Work Minister Christine Lagarde ... chic: Christine Lagarde in an outfit by Malaysian designer Ng Swee Kuang. Lagarde is tall ... Akhtar Aziz to seek advice on Islamic banking. "Malaysia is a big Islamic financial hub ...

  • Asian markets slide as investors ignore Wall Street lead 25 Nov 2009 03:51 GMT
    ... Beijing will tighten monetary policy after China's banking regulator warned banks must beef up defenses against bad loans. The ... lost 14.19 points to close at 676.22. KUALA LUMPUR: Up 0.10 percent. The Kuala Lumpur Composite ...

  • Asia Stocks, Europe Futures, Aussie Rise; Japan Developers Fall 25 Nov 2009 09:05 GMT
    ... traded at 17,886 per dollar after the central bank devalued its currency and raised rates. The ... Tokyo fell 20.1 percent in October. Chinese banks dropped in Hong Kong as Goldman Sachs ... lost 3.3 percent to HK$4.47. Industrial & Commercial Bank of China Ltd., the world’s third-largest company ...

  • Standard Wakalah Placement Agreement 25 Nov 2009 01:16 GMT
    ... Touted as first of its kind in the world, ... WPA is the culmination of the Islamic banking industry's efforts to standardise the agreement for ... comprising IFIs and corporations from Brunei, Indonesia, Malaysia and the UK signed the agreement. AIBIM ...

  • IBM opens telecommunication development centres 25 Nov 2009 07:55 GMT
    ... Includes enterprise switching, routing and security offerings ... ... Enables Samlink to focus on core IT banking service activities while benefiting from new IBM ... efficiencies. Located in China, South Africa and Malaysia, the centres provide advanced technical skills and ...

  • Indonesia Market factors to watch - Nov 25 25 Nov 2009 02:54 GMT
    ... - Finance Minister Sri Mulyani Indrawati and central bank officials to attend a meeting with ... parliamentary commission in charge of finance and banking at 1000 (0300) - News conference by ... EYES $900 MLN LOAN FROM FOUR OVERSEAS BANKS Telkomsel, a unit of Indonesia's largest telecommunications firm ...

  • Capital controls: Still not a good idea 25 Nov 2009 07:52 GMT
    ... Capital controls: Still not a good idea , Analyst ... Hartadi Sarwono stated last week that the Central Bank would seriously study limitations on foreign ... policy (eg. improving supervisory frameworks in the banking system). We believe that the volatility of ...

  • Asia Mixed; CapitaMalls Up on Debut 25 Nov 2009 05:31 GMT
    ... drop on a call by China's main banking regulator for China's lenders to strictly comply ... the real estate subindex down 2.1%. Korean banks were weighing on the Kospi Composite as institutions ... New Zealand's NZX-50 was 0.4% higher while Malaysian shares fell 0.1%, Philippine shares were down ...

  • The ABCs of great hair 25 Nov 2009 04:31 GMT
    ... Italian brand Acca Kappa is 140 years old – ... Kappa may be a mouthful for many Malaysians to pronounce – some say it as ... hairstyling experience, Rampon looks more like a banker than hairdresser with white, cropped GI Joe-style hair. ...

  • Xcellink Defines Mobile Payments Marketplace as It Develops Applications and Rolls Out Its Patented 25 Nov 2009 09:13 GMT
    ... ), a developer of patented mobile payments and banking platforms, today commented on the growing marketplace ... has patents in the United States, Canada, Malaysia, India, China, Philippines, ARIPO, Singapore, Australia, Vietnam, ...

  • FACTBOX-Top 10 Global IPOs of 2009 25 Nov 2009 08:59 GMT
    ... Nov 25 (Reuters) - Singapore's CapitaMalls Asia ( ) shares ... ( Jun30 [ID:nN30418225] 5. 3.9 China Minsheng Banking Corp ( ) China Nov26 [ID:nHKG219091] 6. 3.3 Maxis ( ) Malaysia Nov19 [ID:nKLR425244] 7. 2.5 Sands China 1298.HK ...

  • Brazil - Cattle futures now available 25 Nov 2009 00:41 GMT
    ... with similar order-routing agreements with exchanges in Malaysia and Korea, Infinium will likewise look to extend ... tiny price spreads. Â But as investment banks and hedge funds scaled back borrowing activity and ...

  • Malaysian Central Bank Holds Key Policy Rate 24 Nov 2009 12:15 GMT
    ... Malaysian Central Bank Holds Key Policy Rate (RTTNews) - Tuesday, Malaysia's central bank left its key ...

  • Financial: Malaysian Central Bank Holds Key Policy Rate 24 Nov 2009 12:36 GMT
    ... FinancialMalaysian Central Bank Holds Key Policy Rate (RTTNews) - Tuesday, Malaysia's central bank left its key ...

  • TABLE-Malaysia economic indicators - Nov 24 24 Nov 2009 00:13 GMT
    ... '09 AUG '09 JULY '09 TOP THREE BANKS 5.55 5.55 5.55 5.55 5.55 SEP AUG JUL ... 30 Finance Ministry, Bank Negara, Statistics Department, Malaysian (Kuala Lumpur Newsroom; Tel: +603-2333 8046; Fax: +603-2072 6752; ...

  • TABLE-Malaysia economic indicators - Nov 25 24 Nov 2009 23:54 GMT
    ... '09 AUG '09 JULY '09 TOP THREE BANKS 5.55 5.55 5.55 5.55 5.55 SEP AUG JUL ... 30 Finance Ministry, Bank Negara, Statistics Department, Malaysian (Kuala Lumpur Newsroom; Tel: +603-2333 8046; Fax: +603-2072 6752; ...

  • Islamic banks launch standard wakala agreement, eye uniformity 24 Nov 2009 09:18 GMT
    ... 24 (Reuters) - Malaysian and UK Islamic banks signed off on a standardised wakala deposit agreement ... wakala deposit agreement on Tuesday, which some bankers said could help the industry reduce its ... using the wakala,' said one Malaysian Islamic banker. 'It has fewer issues than the commodity ...

  • Work together to avert crisis situations, central banks urged 24 Nov 2009 18:36 GMT
    ... THE world's central banks and supervisory authorities must coordinate and cooperate to prevent ... the interest of all stakeholders to strengthen central bank coordination," he said. According to a survey from The Banker Magazine and a unit of HSBC, assets ...

  • Banks, Airlines To Feel The Most Impact With FRS 139 24 Nov 2009 09:13 GMT
    ... Banks, Airlines To Feel The Most Impact With FRS ... KUALA LUMPUR, Nov 24 (Bernama) -- The banking sector and aviation industry will experience the ... most impact with the implementation of the Malaysian Accounting Standards Board's Financial Reporting Standard (FRS) ...

  • UPDATE 1-Malaysia cbank holds rates, sees 'modest' inflation 24 Nov 2009 11:53 GMT
    ... KUALA LUMPUR, Nov 24 (Reuters) - Malaysia's central bank held interest rates steady at 2.0 ... in sharp contrast with some other central banks in region, and the bank said current monetary policy ...

  • Liquidity management of Islamic finance is important -- Malaysian official 24 Nov 2009 18:22 GMT
    ... KUALA LUMPUR, Nov 24 (KUNA) -- The Governor of the Central Bank of Malaysia (Bank Negara) underscored here ... Governor added. The Governor said the Islamic banking system today has emerged as a vibrant ...

  • Malaysia-Market factors to watch Nov 25 24 Nov 2009 23:54 GMT
    ... KUALA LUMPUR, Nov 25 (Reuters) - Following is a list of events in Malaysia as well as news stories and press ... previous day, on * To see Malaysian central bank regular money market tenders issued at ...

  • Malaysia battles fresh flooding: report 24 Nov 2009 07:11 GMT
    ... November 24, 2009 2:23 pm TWN, AFP KUALA LUMPUR -- More than 12,000 villagers have been ... have been evacuated from their homes in Malaysia as a second wave of floods ravaged ... as rivers have swollen and overflowed their banks during Malaysia's monsoon season. It said 9,062 villagers ...


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