Which bank in malaysia suitable for investment?
longterm investment
Public Bank Bhd.
longterm investment
Public Bank Bhd.
(Adds OCBC’s comments from fifth paragraph.)
Dec. 22 (Bloomberg) -- Malaysia will allow foreign banks to own bigger stakes in local lenders, grant more licenses and ease short-selling rules as it seeks to triple the size of its finance sector by the end of the decade, the central bank said.
The Southeast Asian country will also let companies manage foreign currency fluctuations and allow non-residents to trade onshore interest-rate derivatives as it seeks to develop its money market under a 10-year plan announced by Prime Minister Najib Razak in Kuala Lumpur yesterday.
“The gradual removal of barriers for overseas investors will result in a level playing field and make the local financial market more competitive,” Abdul Jalil Abdul Rasheed, who helps manage $3 billion as chief executive officer at Kuala Lumpur-based Aberdeen Islamic Asset Management Sdn., said in an interview yesterday. “We have reached the stage where a lot of the local banks are already strong and can give foreign banks a run for their money.”
Lee Che Yan (AliTips.com's CEO & Founder) was invited to be a speaker for the event "The Golden Opportunities in Futures Trading" ...
This site provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources.
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The Report: Sarawak 2008 A sound investment OBG talks to Vaseehar Hassan bin Abdul Razack, Chairman, Unicorn International Islamic Bank Malaysia (Unicorn Malaysia) ... |
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Malaysia, recent trends and challenges Also in July 2004, Temasek-owned Mapletree Capital Management went into partnership with the Malaysian investment bank, CIMB. This deal involved an initial ... |
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Islamic Financial Institutions (Banks and Financial Companies) Handbook Tel: 03-92068118 Fax: 03-92068088 RUSD Investment Bank Inc, ... Sector I-8, Markaz, Islamabad Ph: (051)-4861302, (051)-4102163-64 Sepah Bank Malaysia Yemen ... |
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CIMB posts record net profit of RM3.5bil We have been the fastest growing retail bank in Malaysia. We have not been so successful in SME banking, and we now want to drive this sector,” he said. Nazir added that for 2011, the growth drivers would continue to be its corporate and investment |
Malaysian Growth at Decade High Puts Pressure to Tighten Policy
Surging palm oil and rubber prices may create a “commodity bonanza” that will benefit Malaysian banks, builders and property stocks, according to Credit Suisse Group AG analyst Stephen Hagger. Malaysia's growth has lured funds and investment and pushed
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Raising SRR Will Not Affect Local Bourse, Says Maybank Investment KUALA LUMPUR, Feb 19 () -- The local bourse is unlikely to be affected should Bank Negara Malaysia raise the statutory reserves requirement (SRR) level at its upcoming monetary policy meeting on March 11. Maybank Investment Bhd Vice President, |
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CIMB Investment Clinches Top Spot On MARC's Lead Managers' League Table KUALA LUMPUR, Feb 24 () -- CIMB Investment Bank topped Malaysian Rating Corp Bhd's (MARC) Lead Managers' League Table for 2010 in terms of value and number of issues. Maybank Investment Bank Bhd (Maybank-IB) was second, MARC said in a statement |
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BURSA MALAYSIA: KL Shares Fall Further, FBM KLCI Below 1500 "The market was bearish, driven primarily by negative external developments especially the light crude oil price, which rose to levels unseen since October 2008," Head of Retail Research at Affin Investment Bank Dr Nazri Khan told Thursday. |