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Total Loan Growth Higher In June 2017- BNM

KUALA LUMPUR, July 31 (Bernama) -- Malaysian banks achieved higher loan growth in June 2017, driven by approvals to businesses, says Bank Negara Malaysia (BNM).

Islamic Banks To Continue Providing Affordable Home Financing

KUALA LUMPUR, July 26 (Bernama) -- Malaysia's Islamic banking institutions will continue to provide home financing facilities to eligible customers through schemes, said the Association of Islamic Banking Institutions Malaysia (AIBIM).

UOB To Expand Operations In Vietnam

KUALA LUMPUR, July 21 (Bernama) -- United Overseas Bank Ltd (UOB), the parent company of United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is expanding its support for businesses and consumers in Vietnam and its regional clients investing in the country.

Ambank Bags Seven Awards At The Asset Triple A Islamic Finance Awards 2017

KUALA LUMPUR, July 20 (Bernama) --AmBank Group bagged seven awards at the recent "The Asset Triple A Islamic Finance Awards 2017", held on July 11.

Co-opbank Persatuan Aims†high To†Complement Banking Industry

By Siti Zafirah Mohamad Kamal

KUALA LUMPUR, July 14 (Bernama) -- Koperasi Co-opbank Persatuan Malaysia Bhd (Co-opbank Persatuan) which has 20 branches under its wing, has set a strategy to be more visible by emphasising the role of co-operative bank in complementing other financial institutions in the banking industry.

Bank Islam Wins 'Best Islamic ESG Bank' Award

KUALA LUMPUR, July 13 (Bernama) -- Bank Islam Malaysia Bhd has won the ?Best Islamic Environmental, Social and Governance (ESG) Bank' at the recent The Asset Triple A Islamic Finance Awards 2017 here.

Bank Muamalat Eyes RM250 Million Gold Bar Sales In FY18

KUALA LUMPUR, July 12 (Bernama) -- Bank Muamalat Malaysia Bhd is targeting to sell 580 kilogramme (kg) of physical minted gold bars worth RM250 million through its latest product, Muamalat Gold-i (MGi) Account, for its financial year (FY) ending March 31, 2018.

Belt And Road Initiative To Give Important Financial Implications For Investors -- HSBC

KUALA LUMPUR, July 11 (Bernama) -- China's Belt and Road Initiative, which focuses on physical infrastructures like railway lines, ports and highways, has important financial implications for investors in Malaysia, said HSBC Bank (M) Bhd.

MBSB-AFB Merger To See Smaller M'sian Islamic Banks Face Stiffer Deposit Competition: Moody's

SINGAPORE, July 11 (Bernama) -- If the merger between Malaysia Building Society Bhd (MBSB) and Asian Finance Bhd (AFB) is successful, competition for deposits among smaller Islamic banks in Malaysia will intensify, says Moody's Investors Service.

BNM Monetary Policy Likely To Remain Unchanged

KUALA LUMPUR, July 10 (Bernama) --Bank Negara Malaysia (BNM) is expected to leave the country's monetary policy unchanged, said an analyst.

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Maybank Islamic wins Islamic Bank of the year award
GST ends on AIBIM Bank services & products

RHB Islamic Bank CEO is new AIBIM President

Pacific Prime†wins two top insurance awards
AmGeneral eyes 2-3 pct growth in premium in FY19

LIAM seeks govt support on insurance penetration

US 4.0530/0600
S'pore 2.9686/9748
100 Yen 3.5867/5939
Sterling 5.3131/3235
Euro 4.7238/7327
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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