Tag: Banks
Banking Sector Has Potential to Hold Out Against Risks
The banking sector in Malaysia is well-positioned to withstand shocks and supportive of financial intermediation activities as it continues to be backed by healthy...
Malaysian Banks Implement Advanced Malware Shielding Technology to Combat Financial Scams
Banks in Malaysia are taking a significant step forward in protecting customers from financial scams. Member banks of The Association of Banks in Malaysia...
‘Thailand’s Banks Embrace New Technology, but Digitalisation Falls Short’
Banks and financial institutions in Thailand leverage mature technology and incorporate modern features. However, experts at the recent ENGAGE ASIA 2023 emphasized that the...
Major Phishing Atttack on Clients of Vietnamese Banks
An unprecedented phishing attack targetting clients of major banks has been discovered in Vietnam. The campaign impersonates 27 popular financial institutions and remains active...
Three in Five SMEs Prefer Non-Traditional Funding Routes
Nearly three in five Malaysian SMEs could forego traditional banks in favour of new or alternative borrowing products in 2022, according to California-headquartered data...
Positive Outlook for Hong Kong Banks
Banks in Hong Kong are optimistic on their financial performance in 2022 with higher interest rates likely to improve margins, global business consultancy KPMG...
Business Community lauds Budget 2022
Small & Medium Enterprises Association (SAMENTA) remains hopeful that its proposal for 30 percent of government procurement to be allotted to Small and Medium...
The Problem with SMEs in Asia
In the West, small and medium-sized enterprises (SMEs) have been a key part of economic growth. In Asia, however, SMEs have been at a...
CIMB Inks RM2.45 Billion Sustainability-Linked Derivative Transaction With Standard Chartered
CIMB Bank has entered into a sustainability-linked derivative (SLD) transaction with Standard Chartered Malaysia in the form of an interest rate swap with a...
UOB Malaysia Extends RM23.8 Billion Under COVID-19 Relief Assistance To Affected...
UOB Malaysia’s COVID-19 Relief Assistance has extended more than RM23.8 billion to customers in an effort to help them overcome the financial impact caused...
AFFIN Bank Scores Triple Win For Customer-Focused Financial Inclusive Initiatives
AFFIN Bank Berhad recently won multiple awards during the Asian Banking & Finance Retail Banking Awards 2021. The triple win was attributed to the...
Singapore’s PayNow To Be Linked With Malaysia’s DuitNow In Phases From...
Singapore’s PayNow and Malaysia’s DuitNow will be linked in phases from the fourth quarter of 2022, allowing customers of participating financial institutions to make...
