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Ambank targets 1 mln AmOnline users by year-end

KUALA LUMPUR, April 13 (Bernama) -- AmBank (M) Bhd is targeting to double its enhanced Internet banking platform, AmOnIine users to one million by year-end.

Public Bank to raise up to RM10 bln via capital securities

KUALA LUMPUR, April 11 (Bernama) -- Public Bank Bhd (PBB) has proposed to establish an additional Tier 1 capital securities (AT1CS) programme of up to RM10 billion in nominal value.

Bank Islam pays RM8.11 mln tithes To PPZ-MAIWP

KUALA LUMPUR, April 9 (Bernama) -- Bank Islam Malaysia Bhd, fulfilling its obligation as a Shariah-compliant financial institution, has contributed RM8.11 million in tithes to the Zakat Collection Centre of the Federal Territories Islamic Religious Council (PPZ-MAIWP).

Affin Islamic optimistic on securing 40 pct share of Islamic banking in 2019

By Zarul Effendi Razali

KUALA LUMPUR, April 7 (Bernama) -- Affin Islamic Bank Bhd is optimistic on achieving a 40 per cent market share of the Islamic banking finance by 2019, mainly driven by the growth in its small and medium enterprises (SMEs) financing segment.

BNM refutes report on living wage suggesting Malaysians are poor

KUALA LUMPUR, April 6 (Bernama) -- Bank Negara Malaysia (BNM) is refuting a news report published on April 4, which said that its analysis on the living wage suggests that Malaysians are poor.

Islamic Banks eyes bigger trade financing mart share

KUALA LUMPUR, April 6 (Bernama) -- Malaysian Islamic banks are boosting their trade financing market share with various measures.

OCBC appoints new chairman

Kuala Lumpur, April 3 (Bernama) -- OCBC Bank (Malaysia) Bhd and OCBC Al-Amin Bank Bhd have appointed veteran banker Tan Ngiap Joo as the new chairman, effective March 30, 2018.

OCBC to pilot test Secure Chat Banking Mobile App

KUALA LUMPUR, April 2 (Bernama) -- OCBC Bank (M) Bhd is embarking on a year-long regulatory sandbox testing of a Secure Chat Banking Mobile Application (app) following approval from Bank Negara Malaysia (BNM) last month under the Financial Technology Regulatory Sandbox Framework.

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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

AmGeneral eyes 2-3 pct growth in premium in FY19
LIAM seeks govt support on insurance penetration

LIAM urges more operator participation to help B40

US 4.0470/0500
S'pore 2.9655/9688
100 Yen 3.5973/6010
Sterling 5.3574/3626
Euro 4.7285/7324
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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