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Three Islamic banks upskilling nearly 5,000 talents - IBFIM

KUALA LUMPUR, Oct 3 (Bernama) -- Three Islamic banks in the country have invested more than RM3 million to ensure that they have a future-ready Islamic finance workforce.


Malaysia maintains position as Islamic Finance global leader

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia has maintained its position as the global leader in Islamic finance and the sector has matured to become vibrant with a diverse set of industry players, said Deputy Finance Minister Datuk Amiruddin Hamzah.


Malaysia maintains position as Islamic Finance global leader

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia has maintained its position as the global leader in Islamic finance and the sector has matured to become vibrant with a diverse set of industry players, said Deputy Finance Minister Datuk Amiruddin Hamzah.


No need for Islamic banks consolidation now, says banker

KUALA LUMPUR, Oct 2 (Bernama) -- There is no need for consolidation in the Islamic banking industry for the time being, said an industry player.   


Technology will not take over human jobs

By Aishah Mohmad Afandi

KUALA LUMPUR, Oct 2 (Bernama) -- The general believe that technology will take over human jobs in the future is a grave misconception, said Islamic Banking and Finance Institute Malaysia (IBFIM) Chief Executive Officer Yusry Yusoff.


Maybank names new CEOs for investment banking operations

KUALA LUMPUR, Oct 1 (Bernama) – Maybank has appointed Datin Ami Moris as Chief Executive Officer (CEO) of its investment banking arm, Maybank Kim Eng Group (MKE), effective today.


Financial system resilient even under severe stress - BNM

KUALA LUMPUR, Sept 26 (Bernama) -- Malaysia’s financial system is expected to remain resilient under severe macroeconomic and financial strains, with financial institutions maintaining capital buffers in excess of regulatory minima even under adverse scenarios, says Bank Negara Malaysia (BNM).


Islamic banking industry on track to achieve 40 pct of banking assets

KUALA LUMPUR, Sept 25 (Bernama) -- The Islamic banking industry is on track to achieve a 40 per cent market share in Islamic banking assets by 2020 in line with the target set by Bank Negara Malaysia (BNM).


RHB research expects major cuts in Budget 2019

KUALA LUMPUR, Sept 19 (Bernama) -- RHB Research Sdn Bhd expects major changes for Budget 2019, with significant cuts to certain areas as the government streamlines its procurement process and introduces open tenders for all public procurement.


RHB introduces new Reflex mobile banking application

Kuala Lumpur, Sept 13 (Bernama) – RHB Bank Bhd (RHB) has introduced its new RHB Reflex mobile banking application, which offers business clients, versatile cash flow management capabilities.


No need for Islamic banks consolidation now, says banker
Technology will not take over human jobs

 
Islamic banking industry on track to achieve 40 pct of banking assets

AmMetLife launches plan with embedded cancer benefit
LIAM generates health awareness via Nationwide Campaign

 
GETB offers four new Takaful packages

CLOSING, TUESDAY, OCT 16
US4.1515/1555
S'pore3.0153/0189
100 Yen3.7027/7070
Sterling5.4804/4861
Euro4.8041/8096
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
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