Moody's say MBSB merger is credit positive
This is because the merger, according to Moody's, would enable MBSB to gain access to cheaper source of funds and enables them to broaden their revenue stream.
Tue Jul 18 2017
MBSB aims to create second largest Islamic bank with AFB
The AFB merger is the third attempt that MBSB is making in less than three years.
Tue Jun 20 2017
Islamic banking M&A plausible, says AllianceDBS
Potential M&A candidates include the Malaysia Building Society Bhd (MBSB), and Bank Muamalat Malaysia Bhd (Muamalat), it said in a statement today.
Mon Feb 20 2017
Malaysia's MBSB renews merger attempt, eyes tie-up with Asian Finance Bank
Malaysia Building Society Bhd (MBSB)will begin merger talks with Asian Finance Bank Bhd (AFB) in its third attempt in about two years to convert into a full-fledged Islamic lender.
Wed Dec 21 2016
Merger talks with MBSB going on smoothly, says Bank Muamalat Chairman
The merger negotiations between Bank Muamalat and Malaysia Building Society Bhd (MBSB) is going on very well and smoothly, says Bank Muamalat Chairman Tan Sri Dr Munir Majid.
Wed Nov 25 2015
Bank Muamalat -MBSB merger talks still ongoing
Negotiations on the merger between Bank Muamalat and Malaysia Building Society Bhd (MBSB) are still ongoing, said Khazanah Nasional Bhd Managing Director, Tan Sri Azman Mokhtar.
Thu Nov 12 2015
MBSB's Q2 pre-tax profit declines to RM129.27 million
MBSB's pre-tax profit for the second quarter ended June 30, 2015 declined to RM129.27 million from RM310.89 million in the same quarter of last year.
Thu Aug 06 2015
Banks' mega merger still on
CIMB Group Holdings Bhd, Malaysia Building Society Bhd and RHB Capital Bhd clarifies that they are still in discussions with respect to the proposed mega merger.
Tue Jan 13 2015
CIMB-RHB-MBSB merger likely to start in 1Q15
The mega bank merger of CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) will likely start in the first quarter of 2015.
Mon Nov 10 2014
Shares of CIMB Group, MBSB & RHB Capital to be suspended Thursday
In a filing to Bursa, MBSB and CIMB Group said Bursa Malaysia has approved the companies' request for suspension.
Thu Oct 09 2014
CIMB, RHB, MBSB receive nod from BNM to start merger discussions
The proposed merger plan includes the creation of a mega Islamic bank.
Thu Jul 10 2014
Who is Prabowo Subianto, incoming president of Indonesia?
A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024