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4.130 0.030 (0.73 %)

High: 4.130     Low: 4.090     Vol: 10,905,100 Average Vol: 119,919

last updated: 5-Feb-2016 4:56 PM

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Strike 2 in attempt to create Malaysia's largest Islamic bank 3-Feb-2016 6:00 AM

PETALING JAYA: A second attempt to create the country's biggest standalone Islamic bank has fallen through with the end of talks for a proposed merger of Malaysia Building Society Bhd (MBSB) and Bank Muamalat Malaysia Bhd. Just a year ago, a planned ...

‘Banking sector earnings to grow 11.2% this year’ 1-Jan-2016 9:00 AM

PETALING JAYA: CIMB Group CEO Tengku Datuk Zafrul Tengku Abdul Aziz forecasts a net profit growth of 11.2% for the industry on average, on the back of a 6.9% rise in net interest income and 9.5% increase in non-interest income, with the industry expe...

Rafe named CEO, executive director of CIMB Islamic Bank 15-Dec-2015 6:00 AM

KUALA LUMPUR: CIMB Group Holdings Bhd has appointed Mohamed Rafe Mohamed Haneef as CEO and executive director of CIMB Islamic Bank Bhd, as well as CEO of the group Islamic banking division, effective Jan 4, 2016. Rafe was previously helming HSBC Aman...

SP Setia inks RM1.07 billion syndicated financing facilities deal 10-Dec-2015 6:00 AM

PETALING JAYA: SP Setia Bhd has inked a RM1.07 billion syndicated financing facilities agreement with CIMB Investment Bank Bhd, Malayan Banking Bhd, AmInvestment Bank Bhd, Industrial and Commercial Bank of China (Malaysia) Bhd for a land swap develop...

CIMB’s Q3 net profit down 9.7% on restructuring costs 26-Nov-2015 6:00 AM

PETALING JAYA: CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2015 fell 9.7% to RM803.89 million from RM890.27 million a year ago due to restructuring costs. Excluding the restructuring costs, its third quarter business-as-...

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