KUALA LUMPUR, March 4 — Moody’s Investors Service said the increase in loan under repayment assistance (RA) is credit negative for Malaysian banks because a greater proportion of loans risk becoming delinquent when the facility ends on June 30, especially if economic growth remains subdued.
KUALA LUMPUR, Feb 25 — Malayan Banking Bhd (Maybank) closed its financial year ended Dec 31, 2020 (FY20) with a lower net profit of RM6.48 billion compared with RM8.20 billion in FY19 due to significantly higher net impairment losses, owing to the continued impact from the Covid-19 pandemic.
KUALA LUMPUR, Feb 8 — Malayan Banking Bhd (Maybank) is expecting about 1.7 million e-Angpao transactions worth over RM60 million to be conducted by customers during the Chinese New Year festive season this year.
KUALA LUMPUR, Nov 25 — Malayan Banking Bhd’s official website and mobile application, Maybank2u, are having connection issue on Wednesday afternoon.
KUALA LUMPUR, Oct 8 — Malayan Banking Bhd (Maybank) is eyeing to secure up to 12 million applications for its newly-launched app, MAE by Maybank2u within a one-year period, said its group president and chief executive officer, Datuk Abdul Farid Alias.
KUALA LUMPUR, Sept 18 — Malayan Banking Bhd (Maybank) is targeting to disburse about RM4-5 billion loans through its newly launched digital financing solution for the small and medium-sized enterprise (SME) segment named Maybank SME Digital Financing.
KUALA LUMPUR, July 14 — Top Glove Corporation Bhd has emerged as the third biggest company on Bursa Malaysia, overtaking Tenaga Nasional Bhd (TNB), as the glove maker's market capitalisation increased to RM64.73 billion as of the close of trading yesterday.
KUALA LUMPUR, March 27 — Maybank announced it will not compound interest for all individual, Small Medium Enterprises (SMEs) and non-retail/corporate customers loan facilities eligible for the six-month moratorium announced by Bank Negara Malaysia earlier this week.
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