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Malaysia's government would have faced RM74.5 billion in liabilities had a major bank run occurred at Tabung Haji in 2018, a minister has revealed. A smaller panic withdrawal of RM6 billion actually happened in 2019.
Malaysian banks are deploying artificial intelligence widely in operations, yet remain wary of relying on it for major business choices. An AICB study reveals governance gaps and skill shortages across the sector.
Malaysian banks are increasingly requiring companies to submit environmental, social and governance reports before approving loans, creating both opportunities and challenges for businesses of all sizes.
The Malaysian Anti-Corruption Commission has revoked seizure orders against bank accounts of Rohas Tecnic and its subsidiary HGPT, allowing the power transmission and telecommunications tower manufacturer to resume normal banking operations.