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BNM's international reserves rise to US$103.3 bln as at July 15

KUALA LUMPUR, July 22 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves increased to US$103.3 billion (US$1=RM4.112) as at July 15, 2019 from US$102.7 billion as at June 28, 2019.


RHB introduces high-tech credit card

KUALA LUMPUR, July 22 (Bernama) – RHB Banking Group (RHB) has launched the RHB Rewards Motion Code Credit Card, featuring a dynamic card verification value (CVV) security code that regularly refreshes automatically.


Bank Muamalat: 'Court did not find us guilty of union-busting'

KUALA LUMPUR, July 18 (Bernama) -- Bank Muamalat Malaysia Bhd today said it was never found guilty of union-busting or had breached any law.


CIMB Thai's 1H19 net profit rises 19.4 pct to 429 mln baht

KUALA LUMPUR, July 17 (Bernama) -- CIMB Thai Bank Public Company Ltd, a subsidiary of CIMB Group Holdings Bhd, recorded a consolidated net profit of 429.9 million Thai baht (100 baht=RM13.32)  for the first half ended June 30, 2019, a year-on-year (Y-oY) increase of 69.8 million baht or 19.4 per cent.


iMoney launches BM version of credit score tool

KUALA LUMPUR, July 16 (Bernama) -- iMoney, a financial comparison website, has launched the Bahasa Malaysia version of its free credit score tool, iMoney CreditScore, to make financial health checks more accessible for Malaysians.


AmInvestment Bank wins big at Asset Triple A Infrastructure Awards 2019

KUALA LUMPUR, July 15 (Bernama) -- AmInvestment Bank Bhd received four awards at The Asset Triple A Asia Infrastructure Awards 2019, including the Project Finance House of the Year award for the fifth time.


Maybank IB clinches 13 awards at Asset Triple A Islamic Finance Awards

KUALA LUMPUR, July 10 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) clinched 13 awards at The Asset Triple A Islamic Finance Awards 2019, including two marquee accolades for Best Islamic Investment Bank and Sukuk Adviser of the Year for the Asia Pacific.


Loan approvals in May soar 13 per cent after OPR cut - MoF

KUALA LUMPUR, July 8 (Bernama) -- Bank Negara Malaysia (BNM)’s decision to cut the overnight policy rate (OPR) by 25 basis points had pushed loan approvals by 13 per cent in May compared with the previous month, Dewan Rakyat told today.


Window of opportunity for Kazakhstan to be Islamic finance hub

From Siti Radziah Hamzah

KUALA LUMPUR, July 7 (Bernama) -- Kazakhstan’s Astana International Financial Centre (AIFC) aims to set itself up as the Islamic Finance hub in Central Asia and the Eurasian Economic Union, which has a combined population of more than 200 million. 


BNM international reserves increases to US$102.7 bln as at June 28

KUALA LUMPUR, July 5 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves increased to US$102.7 billion as at June 28,2019 from US$102.6 billion as of June 14, 2019.


Window of opportunity for Kazakhstan to be Islamic finance hub
Bank Muamalat posts RM241.2 mln PBT for FY 2019

 
Bank Muamalat's shopping treat for underprivileged children

Positive outlook for DPL Insurance Limited, says AM Best
Prudential app pulses with excitement, collaborating with DoctorOnCall, Babylon, AIME

 
Sure bet: VSure.Life first digital mobile insurance protection in Malaysia, SEA

CLOSING, MONDAY, JUL 22
US4.1110/1150
S'pore3.0219/0253
100 Yen3.8104/8151
Sterling5.1248/1306
Euro4.6109/6166
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
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