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Corporate : banking

Bank Rakyat Uses Tokyo Bizmatch Platform To Boost Cross-border Opportunities

KUALA LUMPUR, June 9 (Bernama) -- Bank Rakyat is intensifying its efforts to help Malaysian companies expand abroad through its “Bank Rakyat Bizmatch: Make Malaysian Businesses Great” initiative, which was held alongside the Nikkei Forum of Asia 2026 in Tokyo, Japan.

AmBank To Acquire Menara AmBank, Related Assets For RM331 Mln

KUALA LUMPUR, June 8 (Bernama) -- AMMB Holdings Bhd’s wholly-owned subsidiary AmBank (M) Bhd has signed a conditional agreement to acquire Menara AmBank at Jalan Yap Kwan Seng, Kuala Lumpur, along with the related assets and rights, for RM331 million.

Maybank Unveils Next-Generation Maybank2E To Boost Regional Business Banking

KUALA LUMPUR, June 8 (Bernama) -- Maybank has unveiled the next-generation Maybank2E (M2E), an integrated regional business banking platform for businesses from small and medium enterprises (SMEs) to large corporates, enabling them to manage transactions and payments seamlessly, anytime, anywhere. 

BIMB Investment Launches Shariah-Compliant Fund Targeting Small-Cap Stocks

KUALA LUMPUR, June 8 (Bernama) -- BIMB Investment Management Bhd (BIMB Investment), a subsidiary of Bank Islam Malaysia Bhd (Bank Islam), has launched the BIMB Opportunities Fund (BOF), a Shariah-compliant fund targeting small-cap stocks, with a target fund size of RM50 million this year.

Ringgit Weakens Against US Dollar, Gains Against Major Currencies

By Harizah Hanim Mohamed

KUALA LUMPUR, June 5 (Bernama) -- The ringgit traded easier against the US dollar on Friday morning but strengthened against other major currencies amid a cautious currency market, as authorities across Asia issued statements reaffirming their commitment to stabilise their respective currencies.

Trade Policy Concerns Temper US Dollar's Strength, Lifting Ringgit

By Harizah Hanim Mohamed

KUALA LUMPUR, June 4 (Bernama) -- The ringgit was traded slightly firmer against the US dollar at the opening today, as soft sentiment towards the greenback outweighed better-than-expected key United States economic data.

Ringgit Softer Against US Dollar, Firmer Versus Other Currencies

KUALA LUMPUR, June 3 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday as better-than-expected United States (US) economic data and uncertainty in West Asia kept the greenback ticking higher.

West Asia Conflict To Have Lesser Impact On Global Food Commodity Prices -- World Bank

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 29 (Bernama) -- The World Bank Group says the effect of the West Asia conflict on global food commodity prices in 2026 and 2027 is expected to be smaller compared to the early stages of the Russia-Ukraine conflict under the baseline assumption that supply disruptions in West Asia ease by mid-year.

Credit To Private Non-Financial Sector Higher By 5.8 Pct In April 2026 - BNM

KUALA LUMPUR, May 29 (Bernama) -- Credit to the private non-financial sector grew by 5.8 per cent in April 2026 compared to 5.6 per cent in March 2026, driven by higher growth in outstanding business loans and outstanding corporate bonds, according to Bank Negara Malaysia (BNM). 

RHB Bank 1Q Net Profit Up 14.2 Pct To RM856.75 Mln

KUALA LUMPUR, May 29 (Bernama) -- RHB Bank's net profit increased 14.2 per cent to RM856.75 million in the first quarter ended March 31, 2026 (1Q 2026) from RM750.03 million a year ago, supported by higher non-fund-based income, net funding income and lower allowances for credit losses.

QL Resources Shares Rise Despite Lower FY2026 Earnings; MBSB Keeps ‘Buy’ Call

KUALA LUMPUR, May 29 (Bernama) -- QL Resources Bhd emerged among the top gainers in early trade despite posting lower earnings for the financial year ended March 31, 2026 (FY2026).

Maybank Shares Edge Higher Despite Softer 1Q Earnings

KUALA LUMPUR, May 29 (Bernama) -- Malayan Banking Bhd’s (Maybank) shares edged higher in early trade today, reflecting sustained investor confidence in Malaysia’s largest bank despite softer earnings for the first quarter ended March 31, 2026 (1Q 2026).