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KIBB Opens Branch In Bintulu

KUALA LUMPUR, Aug 28 (Bernama) -- Kenanga Investment Bank Bhd (KIBB), a subsidiary of K&N Kenanga Holdings Bhd, opened a new branch office in Bintulu, Sarawak, bringing the total number of branch offices in the state to four.

Anti-Money Laundering Seminar In Putrajaya

PUTRAJAYA, Aug 28 (Bernama) -- A two-day seminar aimed at enhancing the knowledge of legal practitioners, bankers and academicians on the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 will he held next week.

Husni To Lead Malaysian Delegation To Apec Finance Ministers Meet In Moscow

KUALA LUMPUR, Aug 28 (Bernama)-- Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah will be leading the Malaysian delegation to the 19th APEC Finance Ministers Meeting (APEC FMM) in Moscow, Russia on August 30.

HwangDBS Expects Delay In RHB's Plan To Acquire Bank Mestika

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Capital Bhd's (RHBC) plan to acquire PT Bank Mestika Dharma in Indonesia is expected to be delayed although the date for the conditional sales and purchase agreement has been extended to Nov 30, 2012.

Sydney To Host G20 Finance Ministers' And Bank Governors' Meetings

By Neville D'Cruz

MELBOURNE, Aug 28 (Bernama) -- Sydney will host the G20 Finance Ministers' and Central Bank Governors' meetings in 2014.

Islamic Banking Success Proof M'sia's Leaders Are Islamic-centric, Says Awang Adek

BACHOK, Aug 26 (Bernama) -- Malaysia's success in according Islamic banking a notable position in the world bears testimony that the country's leaders have been truly Islamic-centric since before till now, Deputy Finance Minister Datuk Dr Awang Adek Hussin said today.

Maybank Singapore Launches Mobile Banking Services On Tagit's Mobile Platform

SINGAPORE, Aug 24 (Bernama) -- Maybank Singapore announced the launch of its latest mobile banking application which runs on the Tagit proprietary Mobeix platform.

Dr Zeti Still Ranked Among World's Best Central Bankers

KUALA LUMPUR, Aug 24 (Bernama) -- Bank Negara Malaysia's Governor, Tan Sri Dr Zeti Akhtar Aziz, maintains her position among the heads of the central banks named by Global Finance magazine as the World's Best Central Bankers over the past year.

RAM Monitors Developments At Affin Hldgs, Bank Muamalat

KUALA LUMPUR, Aug 24 (Bernama) -- RAM Rating Services Bhd will continue to monitor the developments at Affin Holdings and Bank Muamalat.

UOB: Malaysia Will Achieve Five Per Cent Growth By Year-End

KUALA LUMPUR, Aug 23 (Bernama) -- United Overseas Bank Malaysia Bhd (UOB) expects Malaysia to achieve its target of five per cent growth by year-end.

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Islamic Banks eyes bigger trade financing mart share
Maybank†Islamic CEO Mohamed Rafique Appointed IBFIM Chairman

Islamic finance must be proactive to reduce poverty, inequality - Sultan Nazrin

CIMB targets RM200 mln in non-life insurance premiums this year
AAGI, MAB launch AXA SmartAid for the Visually Impaired

Credit ratings of Energas Insurance, stable - A.M. Best

US 3.8890/8920
S'pore 2.9694/9728
100 Yen 3.6214/6252
Sterling 5.5204/5263
Euro 4.8103/8144
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?

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