26 February 2018
Alliance Bank Malaysia Berhad (“Alliance Bank” or “the Bank”) today announced a 6% year-on-year (“YOY”) improvement in its revenue, to RM1.2 billion for the first nine months of its financial year 2018 (9MFY2018).
12 February 2018
Lendingkart Technologies Private Limited (a Lendingkart Group Company), today announced that it is raising over US$87 million (INR 565 crore) of equity funding in its Series C capital-raising. The round is being led by Singapore’s Fullerton Financial Holdings Pte Ltd (“FFH”), along with participation from existing investors.
29 December 2017
Further to its announcement on 26 December 2017, PT Bank Danamon Indonesia Tbk (“Danamon”) has been informed on 29 December 2017 by its majority shareholder Asia Financial (Indonesia) Pte. Ltd., a wholly-owned subsidiary of Fullerton Financial Holdings Pte. Ltd., that The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“MUFG”), the commercial banking entity of Mitsubishi UFJ Financial Group, Inc., has completed the acquisition of 19.9% of the total issued shares of Danamon.
26 December 2017
Further to its announcement on 9 November 2017, PT Bank Danamon Indonesia Tbk (“Danamon”) has been informed on 26 December 2017 by its majority shareholder Asia Financial (Indonesia) Pte. Ltd. (“AFI”), a wholly-owned subsidiary of Fullerton Financial Holdings Pte. Ltd. (“FFH”), that The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“MUFG”), the commercial banking entity of Mitsubishi UFJ Financial Group, Inc., has entered into conditional share purchase agreements with AFI and other affiliated entities who hold in aggregate 73.8% of the total issued shares of Danamon.
15 December 2017
RAM Ratings has placed Alliance Bank Malaysia Berhad’s (the Group) A1/P1 financial institution ratings and the ratings of its outstanding debt instruments on a positive outlook. Concurrently, the Bank’s financial institution ratings and issue ratings have been reaffirmed.
14 December 2017
Temasek-owned Fullerton Financial Holdings has teamed up with Canadia Investment Holding plc to launch DaraPay - a new digital wallet and payment platform, in Cambodia. This is Fullerton's second investment in Cambodia after launching Cambodia Post Bank plc in 2013.
14 December 2017
DaraPay, a digital wallet and payment platform, this week made its debut in Cambodia.
06 December 2017
PT Bank Danamon Indonesia Tbk (Danamon) today held the awarding night for Danamon Entrepreneur Awards (DEA) 2017, a form of appreciation for the achievements of Indonesia entrepreneurs. Danamon announced that Indonesia has chosen Nike Lidiyastuti Aritovani (Manufacturer of skipjack tuna food products) as the Favorite Recipient our of the five other DEA 2017 recipients, who are selected from 607 participants. The Favorite Recipient was selected through online voting in the DEA 2017 official website from 19 November 2017 to 5 December 2017. The awarding procession was held at Soehanna Hall, Energy Building, Jakarta.
30 November 2017
tThe banking group Alliance Bank Malaysia Berhad (“Alliance Bank” or “the Group”), comprising its commercial, investment and Islamic banksoday announced a RM122.8 million net profit for the financial quarter ended 30 September 2017 (“2QFY2018”).
10 November 2017
To ease the burden of its customers affected by the recent floods in the northern states, Alliance Bank Malaysia Berhad (“Alliance Bank” or “the Bank”) will assist these customers by reducing their financial obligations for up to 6 months.