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Strong loan growth to buoy banking sector

Banking statistics for March 2024 show strong loan growth, while deposit and current account and savings account (CASA) are growing healthily.

Petaling
Malaysia-general
Malaysia
Kenanga-research
Bank-bhd
Alliance-bankm-bhd
Public-bank-bhd
Public-bank
Boost-bank-bhd
Alliance-bank

Phillip Futures to offer stockbroking services

KUALA LUMPUR: PhillipCapital Group has announced that its derivatives broking arm in Malaysia, Phillip Futures Sdn Bhd has entered into a business sale and purchase agreement with Alliance Investment Bank Bhd for the purchase of the bank’s stockbroking business.

Kuala-lumpur
Malaysia
Malaysian
Sdn-bhd
Choon-jin
Joel-kornreich
Securities-commission
Alliance-investment-bank-bhd
Alliance-bankm-bhd
Bank-negara
Alliance-investment-bank
Alliance-bank

Alliance Bank posts jump in 1HFY22 net profit to RM318.76mil

KUALA LUMPUR: Alliance Bank (M) Bhd recorded a net profit of RM318.76mil in the first half of its financial year ending March 31, 2021, 53.06% higher compared to RM208.26mil in the previous corresponding period on the back of higher income of RM935.94mil.

Kuala-lumpur
Malaysia
Joel-kornreich
Alliance-bankm-bhd
Alliance-bank
Common-equity
Banking

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