Maybank records net profit of RM2.36bil in 3Q on income growth, lower provisions

[ad_1] KUALA LUMPUR: Malayan Banking Bhd (Maybank) has turned in another solid quarter, underpinned by steady income growth and a significant improvement in net impairment provisions. In the third quarter…

Malaysia’s Maybank launches Islamic wealth management hub in Singapore 

[ad_1] SINGAPORE (Reuters) – Malaysia’s biggest lender by assets, Malayan Banking Bhd (Maybank), launched an Islamic wealth management regional offshore hub in Singapore on Monday. “We have chosen Singapore as…

Maybank eases cross-border fund transfers between SG, Malaysia

[ad_1] Staff Reporter , Singapore Photo by Jonas Leupe via Unsplash. The bank added over 50 DuitNow participating institutions where customers can send money over. Maybank has eased cross-border fund…

Swift doubles net profit in 3Q on one-off gains

[ad_1] PETALING JAYA: Swift Haulage Bhd’s encouraging quarterly results may have excited some investor, but analysts have a different view. The company more than doubled its net profit to RM28.39mil…

Maybank expands cross-border QR pay service to China

[ad_1] KUALA LUMPUR: Malayan Banking Bhd (Maybank) has expanded its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank, amplifying the financial…

Maybank Indonesia posts pre-tax of 1.66 trillion rupiah in 9M23

[ad_1] KUALA LUMPUR: Malayan Banking Bhd’s (Maybank) 98.52%-owned PT Bank Maybank Indonesia Tbk (Maybank Indonesia) saw its pretax profit (PBT) grow 11.8% to 1.66 trillion rupiah for the nine months…

Maybank IB lifts Nestle’s earnings estimate by 7% amid festivities, school holidays

[ad_1] KUALA LUMPUR: Maybank Investment Bank (Maybank IB) has raised Nestle (Malaysia) Bhd’s earnings estimates for its financial year ending Dec 31, 2023, by seven per cent amid year-end festivities…

Trading ideas: AirAsia X, Malayan United Industries, HPP, Globaltec, Global Oriental, Minho, Pantech, Maybank, Reneuco and TNB

[ad_1] KUALA LUMPUR: Companies that may see increased trading interest include AirAsia X, Malayan United Industries, HPP, Globaltec, Global Oriental, Minho, Pantech, Maybank, Reneuco annd TNB, said Apex Securities. Bursa…

Maybank to acquire 20% of MAMG from PNB for RM70.39mil

[ad_1] KUALA LUMPUR: Malayan Banking Bhd (Maybank) has proposed to acquire 8.34 million ordinary shares in Maybank Asset Management Group Bhd (MAMG), representing 20 per cent of the total issued…

OpenSys gets RM105mil cheque-clearing contract from Maybank

[ad_1] PETALING JAYA: Opensys (M) Bhd has accepted a letter of award from Malayan Banking Bhd worth RM105mil to process the latter’s outward clearing cheques for all its branches nationwide.…