Melvin Ooi Joins Bank Islam As Group Chief Technology Officer

KUALA LUMPUR, Sept 16 (Bernama) --  Bank Islam Malaysia Bhd has appointed Melvin Ooi as group chief technology and transformation officer (GCTTO), further strengthening the group's leadership capabilities in technology, innovation and enterprise transformation.

EMGA Arranges US$80 Mln Club Loan For Uzbekistan’s Ipak Yuli Bank

KUALA LUMPUR, Sept 15 (Bernama) -- London-based Emerging Markets Global Advisory LLP (EMGA) has led a US$80 million club loan financing for Uzbekistan’s Ipak Yuli Bank, funded by OeEB, CDP and Allianz Global Investors (AGI). (US$1 = RM4.07)

ABB Bank Completes 51 Pct Acquisition Of Uzbekistan’s Davr Bank

KUALA LUMPUR, Sept 15 (Bernama) -- ABB Financial Group has completed the acquisition of a controlling stake in Davr Bank, a commercial bank operating in Uzbekistan, with the transaction registered on Sept 10 at the Tashkent Stock Exchange.

Malaysia Stronger Today After Major Fiscal Reforms - SC Chairman

KUALA LUMPUR, Sept 14 (Bernama) -- Malaysia is in a stronger position than a decade ago, thanks to major fiscal decisions by the government, such as subsidy cuts and a focus on economic development, said Securities Commission Malaysia (SC) chairman Datuk Mohammad Faiz Azmi.

FBM KLCI Snaps Four-day Losing Streak, Closes At Intraday High

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia’s barometer index closed at an intraday high and snapped a four-day losing streak on Monday, as bargain hunting emerged following recent weakness, with half of the key index components advancing.

Maybank Completes Acquisition Of Remaining Interest In Maybank Ageas

KUALA LUMPUR, Sept 11 (Bernama) -- Malayan Banking Bhd (Maybank) has completed the proposed acquisition of the remaining 30.95 per cent interest in Maybank Ageas Holdings Bhd after signing a share purchase agreement with Ageas Insurance International NV (Ageas) on Sept 8, 2026.

Mastercard Launches Wallet Pay To Expand Digital Payments Worldwide 

KUALA LUMPUR, Sept 10 (Bernama) -- Mastercard has launched Wallet Pay, a global portfolio of solutions designed to expand interoperability and innovation for digital wallets across contactless, QR code and online payments.

Bursa Malaysia Ends Slightly Lower At Noon Break

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia ended the morning session slightly lower as profit-taking emerged among selected heavyweights, mainly banking stocks.

PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

Public Bank To Privatise Hong Kong Subsidiary At HK$2.50 Per Share

KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.

Maybank, Ageas Insurance Ink SPA For RM4.83 Bln MAHB Acquisition

KUALA LUMPUR, Sept 8 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an unconditional share purchase agreement (SPA) with Belgium-based Ageas Insurance International NV to acquire the remaining 30.95 per cent equity interest in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion.

P.A. Resources Secures RM255.45 Mln Banking Facilities For Working Capital, New Plant

KUALA LUMPUR, Sept 7 (Bernama) -- P.A. Resources Bhd (PARB), through its wholly owned subsidiaries, has accepted additional banking facilities totalling RM255.45 million to support the group’s existing operations and the development of a new plant.