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Monday, September 16, 2019

Tag: banking sector

Jobs may be lost, group says as banks go digital

The Malaysian Commercial Banks Association says this is a necessary direction if banks wish to remain relevant.

Public Bank records higher Q1 net profit

The bank attributes its profitability to healthy loan and deposit growth.

Banking sector loans moderated to 5% in February, says research house

This is against 5.5% in January, TA Research says.

Banking sector earnings met expectations in 2018, says Ambank

Malaysian banks recorded a 6.8% year-on-year growth in earnings in 2018.

Liberalise banking sector some more, economist urges

Ramon Navaratnam believes local banks are now strong enough to face more competition, which will benefit the business environment.

Stop backing banks’ dismissal of staff under restructure guise, govt told

The National Union of Bank Employees says government agencies are allowing banks to exploit and lay off workers in the name of increasing the use of technology at the workplace.

Moody’s says rising office space glut may hit banks

The credit rating agency says pace of non-performing loans is stable but the increasing oversupply of commercial space may have an adverse effect on banks.

Development freeze applies nationwide, but temporary, says Johari

The deputy finance minister II gives reasons as to why the freeze on approvals for ‘luxury’ properties is needed, including that the government wants to improve supply of affordable housing.

Banks hiring staff with anti-money laundering skills

Hays report says more job opportunities are opening up in the banking sector, including in handling financial crime.