Banks told to play their role in sustainable energy goals
KUCHING: The banking sector should provide solid environmental, social and governance (ESG) financing to encourage industries to move towards a sustainable energy future. Minister of Utility and Telecommunication Datuk Julaihi Narawi said cooperation among various sectors is important to achieve this goal in addition to the support provided by his ministry and the Ministry of […]
Banks cautiously optimistic on economic prospects
KUALA LUMPUR: RHB Research believed that banks are still cautiously optimistic about economic prospects, and any potential deterioration in asset quality should be manageable as lending indicators close to pre-pandemic levels. In a research note today, it said system loan applications in January stood at RM85 billion, -8.0 per cent month-on-month and -13 per cent […]
MP calls on banks to refund customers quickly
KUCHING: Stampin MP Chong Chieng Jen has called on all banks to quickly process requests from their customers to refund money illegally and unknowingly transferred from their accounts. He said prompt action by the banks will restore public confidence in the financial institution’s internet security system. He was referring to a victim of unauthorised and illegal internet bank […]
Upset DAP chief attacks ‘irresponsible’ banks
KUCHING: Opposition chief Chong Chieng Jen is taking up a new cause – he is going after the banks. In a statement on Sunday (May 29) he vented his frustrations on the banking institution, claiming it was unfair of banks to be not accountable for losses suffered by depositors. “Of late, there are many reports […]
MR DIY partners with seven financial service providers to offer “Mega Cashback”
KUALA LUMPUR: MR DIY Group (M) Bhd is partnering with three banks and four e-wallet providers to offer its “Mega Cashback” programme and discounts across its stores from Jan 15-Feb 28, 2022. The three banks and four e-wallet platforms are HSBC, Public Bank, MAE by Maybank, as well as Touch ‘n Go eWallet, ShopeePay, GrabPay, […]
Bank services will uplift Padawan’s economy
KUCHING: Bank Rakyat’s latest branch will be opened for operation soon following the setting up of its branch in the Sentosa Parade near here. Disclosing this, Padawan Municipal Council (MPP) chairman Lo Khere Chiang said banks are always encouraged to open branches in the Padawan area. “The distance from Sentosa Parade to Mile 10 is […]
Long queue outside Miri bank
MIRI: A long queue was seen outside Bank Simpanan Nasional (BSN) at Jalan Sri Dagang here today (Aug 25) as recipients of Bantuan Khas Sarawakku Sayang (BKSS) 6.0 lined up to cash out their aid payment vouchers. A ground check carried out by the New Sarawak Tribune found that most of them have come from […]
Banks need to give clear explanation about moratorium to affected M40
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) needs to provide a clear explanation about the moratorium for M40 income earners affected by the movement control order (MCO) 3.0, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said. Based on the feedback he had received, the minister said many in M40 […]
MDEC seeks pledge from banks to microfinance agricultural technology-driven farmers
KUALA LUMPUR: Malaysia Digital Economy Corp (MDEC) is working to get more banks to provide microfinancing for farmers in driving the country’s agriculture ecosystem based on agricultural technology (AgTech). Chairman Datuk Dr Rais Hussin Mohamed Ariff said CIMB Islamic Bank had pledged RM25 million earlier this month to encourage farmers to adopt the use of […]
Bank donates RM10k to mosques, suraus
MUKAH: Bank Rakyat has allocated donations totalling to RM10,500 which will be distributed to 21 mosques and suraus here to assist with administrative matters and the implementation of programmes. According to a spokesperson from Bank Rakyat Mukah, the donation under the Mosque Financial Integrity programme is one of the bank’s efforts to collaborate with the […]
