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CIMB Bank Bhd's youth savings account, YOUth, has attracted 95,000 youth since its launch in June last year.

Mega Islamic banks in Malaysia will serve the needs of the domestic economy and position the country as the benchmark in Islamic global finance, says Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.

Bank AL Habib maintained its long term and short term entity ratings by the Pakistan Credit Rating Agency at “AA+” and “A1+”, respectively.

Indonesia, Australia and South Korea will now cooperate in exchanging informartion on banking supervision.

All Malaysian banks are expected to participate in mobile banking service by the  middle of next year, says e-payment service provider MyClear.

ICBC branches are aggressively marketing the bank's equipment leasing service to SMEs to address their difficulty in accessing bank loan for production upgrade.

Siam Commercial Bank called speculations it plans to buy a 26 percent stake in TMB Bank through a share swap as groundless.

Malaysia's EXIM Bank aims to establish a basis for the exchange of information, coinsurance, reinsurance and training with ECGD of United Kingdom via an MoU.

Maybank expects a take-up of RM300 million in the next 12 months in expanding its overseas ringgit mortgage loan scheme to Melbourne.

Bank Permata raised Rp 700 billion or $75 million from the sale of subordinated debt that it offered from June 8 to 12.

Foreign bank branches in South Korea have increased their overseas borrowing so far this year.

Al Rajhi Bank Malaysia became the first Islamic financial institution to utilize the Collateralised Commodity Murabahah-i.

Bank Jatim expects to raise up to Rp 1.9 trillion or US$212 million from an IPO to be launched in July.

Assam Gramin Vikash Bank will to add 31 new branches in this fiscal year to its existing tally of 369 branch networks.

A study showed that Malaysian Banks met customer expectations better than any other group.

NIDC has been asked by Nepal's central bank to increase its capital so that it could invest more and facilitate growth of productive industries.