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AmBank Introduces RM100 Million Financing Solution For SMEs

KUALA LUMPUR, Nov 22 (Bernama) -- AmBank (M) Bhd in collaboration with the Credit Guarantee Corporation Bhd has introduced the SME Biz Property Extra, a RM100 million financing solution for small and medium enterprises (SMEs), to assist them with property purchases and working capital requirement.

HSBC: Green Bond Mart To Be Critical Source Of Capital For Projects

KUALA LUMPUR, Nov 21 (Bernama) --The green bond market, which turns ten years old this year, will be an increasingly critical source of capital for projects that will help the global economy limit the impact of climate change, said HSBC Bank Malaysia Bhd today.

Banks To Continue Providing Housing Loans To Qualified Applicants

KUALA LUMPUR, Nov 20 (Bernama) -- The Association of Banks in Malaysia (ABM) has given its assurance that its member banks, comprising commercial banks operating in Malaysia, have and will continue to provide home loans to all eligible borrowers.

Al Rajhi Bank Malaysia Announces New Chairman, Board Member

KUALA LUMPUR, Nov 20 (Bernama) -- Al Rajhi Bank Malaysia (ARBM), a unit of the world's largest Islamic bank, Al Rajhi Bank of Saudi Arabia, today announced the appointment of Muhammad Afaq Khan as its new Chairman and Johari Abdul Muid as Independent Non-Executive Director (INED) effective Nov 2, 2017.

Bank Islam Launches 3rd Tranche Of Subordinated Sukuk

KUALA LUMPUR, Nov 13 (Bernama) -- BIMB Holdings Bhd's unit, Bank Islam Malaysia Bhd, has issued the third tranche of the Subordinated Sukuk Murabahah amounting to RM300 million under the Subordinated Sukuk Murabahah Programme.

BNM Maintains OPR At 3.00 Pct

KUALA LUMPUR, Nov 9 (Bernama) -- The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent, the central bank said.

BNM's Carnival To Promote Digital Banking, Cashless Transactions

KUALA LUMPUR, Nov 8 (Bernama) -- The upcoming Financial Carnival by Bank Negara Malaysia (BNM) in Kuching will promote more awareness for digital banking services and promote cashless transactions among Sarawakians.

RHB Launches MyHome App, Banking-at-your-doorstep Service

KUALA LUMPUR, Nov 8 (Bernama) -- RHB Bank Bhd has launched two digital solutions, namely the RHB MyHome App and Banking-at-Your-Doorstep service, which offer simple, fast and seamless banking experience, especially to digital-savvy customers.

Bank Islam Launches Prihatin Programme To Help Flood-hit Customers

KUALA LUMPUR, Nov 8 (Bernama) -- Bank Islam Malaysia Bhd has launched the Prihatin Programme to provide assistance to customers who were affected by the recent floods.

Bank Islam Launches Programme To Help Flood-affected Customers

KUALA LUMPUR, Nov 8 (Bernama) -- Bank Islam Malaysia Bhd has launched a Prihatin programme to provide assistance to its flood-affected customers with the waiver of several fees and deferment of six-month instalment payments.

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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?
 

 
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