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KUALA LUMPUR: Malaysia's six largest banking groups by assets are well positioned to face competition from innovative digital banks following the announcement of five new digital entrants announced by Bank Negara Malaysia (BNM) recently.
AGAINST the fall in the ringgit, the medium-term outlook is positive, buoyed by among other factors, strong commodity prices and a healthy current account surplus with strong exports growth.
Malaysia-based Maybank Ageas Holdings Berhad's (MAHB) core operating entities-known collectively as Etiqa entities-have posted a stable financial performance on a consolidated basis, says Fitch Ratings.
NEWS of Malaysian Industrial Development Finance Bhd (MIDF) possibly merging with MBSB Bank Bhd has reignited interest in consolidation within the local banking industry.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is optimistic about its outlook for 2022, as it believes the country’s transition into endemicity is set to boost the banking sector and economy.