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AmBank Eyes 15 Pct Contribution From Priority Segment

KUALA LUMPUR, Dec 8 (Bernama) -- AmBank (M) Bhd aims to grow the share from its priority banking segment to 15 per cent of total retail contribution by 2019, from the current 5-10 per cent.

International Reserves At US$101.9 Bln As Of Nov 30, 2017

KUALA LUMPUR, Dec 7 (Bernama) -- Bank Negara Malaysia's (BNM) international reserves amounted to US$101.9 billion (RM430.4 billion), as at Nov 30, 2017 compared with US$101.5 billion (RM429 billion) recorded on Nov 15, 2017.

HLA Launches 'Golden Prime' Plan

KUALA LUMPUR, Dec 5 (Bernama) --Hong Leong Assurance Bhd (HLA) has launched its HLA Golden Prime plan for Malaysians between ages of 45 and 70 for their essential protection needs with hassle-free enrolment that does not require any medical examinations or answer any health questions.

Orix Expects Shariah-compliant Products To Boost Volume, Revenue

†SHAH ALAM, Nov 30 (Bernama) -- ORIX†Leading Malaysia Bhd†expects the Shariah-compliant products it launched today " i-Rental, i-Lease and i-Hire Purchase "†will boost its business volume and revenue.†

Hong Leong Q1 Pre-tax Profit Increases To RM840.46 Mln

KUALA LUMPUR, Nov 30 (Bernama) -- Hong Leong Financial Group (HLFG) Bhd's pre-tax profit for the first quarter ended June 30, 2017 increased 15.8 per cent, year-on-year, to RM840.46 million compared with RM725.51 million recorded in the corresponding quarter last year.

Ministry Yes To Appointment Of Chew As BNM Deputy Governor

KUALA LUMPUR, Nov 28 (Bernama) -- The Minister of Finance has approved the appointment of Jessica Chew Cheng Lian as Deputy Governor for a three-year term effective Jan 1, 2018 following the retirement of Dr Sukudhew (Sukhdave) Singh on Dec 31, 2017.

India Says No To Islamic Banking

AmBank Eyes 50 Per Cent Of Car Finance Applications To Come Via Mat

KUALA LUMPUR, Nov 27 (Bernama) -- AmBank (M) Bhd is aiming for 50 per cent of its car finance applications to come via its latest innovation, Mobile Application Terminal (MAT) within one year of its implementation.

RHB Bank Pre-Tax Profit Falls To RM644.07 Million

KUALA LUMPUR, Nov 27 (Bernama) -- RHB Bank Bhd's pre-tax profit for the third quarter ended Sept 30, 2017 declined to RM644.07 million from RM662.62 million in the same quarter last year.

Islamic Finance Industry Must Work Collectively To Address Challenges -- Johari

KUALA LUMPUR, Nov 26 (Bernama) --The country's Islamic finance industry needs to work collectively and persistently to address the challenges and strengthen the weaknesses while continuing to expand, innovate and progress, Second Minister of Finance Datuk Seri Johari Abdul Ghani said.

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BNM, Banks Have Adequate Shariah Experts
RHB Islamic To Provide e-solutions To PBT Pengerang

AIBIM Wants Govt To Channel Incentives For SMEs Via Islamic Banks

Takaful Malaysia, AmBank Islamic Ink Bancatakaful Partnership
Motorists Pay Lower Motor Insurance Premium After Liberalisation

Life Insurance Companies Announce Flood Relief Measures

MON, DEC 11, 2017
US 4.0850/0880
S'pore 3.0188/0230
100 Yen 3.5941/5976
Sterling 5.4694/4746
Euro 4.8089/8128
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 Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 [tally] 15%
 [tally] 78%
Not sure
 [tally] 7%

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