Banking & Financial System news in Serdang
12 stories within reach of Serdang, published in the last 30 days and gathered from Malaysian news sources.
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‘I only wanted to save’: Kajang retiree wins RM1m Bank Rakyat lucky draw
KUALA LUMPUR, Aug 19 — A 68-year-old retiree never thought that his decision to save through Bank Rakyat’s R...
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Audit TH 2017: RM227.81 million impairment issue raises questions
The decision to issue an unmodified audit opinion on Lembaga Tabung Haji's (LTH) financial statements for the year ended December 31, 2017, is questioned due to an alleged material impairment issue.
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‘I will continue saving’: Tabung Haji depositors stand by institution despite RCI spotlight
KUALA LUMPUR, Aug 14 — Although Lembaga Tabung Haji (TH) has come under the spotlight again following the release...
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Finance Ministry: Tabung Haji’s finances are stronger, but taxpayers still bore the RM13b fallout
KUALA LUMPUR, Aug 12 — Lembaga Tabung Haji’s (TH) current position is stable and increasingly stronger, foll...
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Tabung Haji’s RM10b hole could have been avoided if BNM warnings were heeded, Dewan Rakyat told
KUALA LUMPUR, Aug 12 — The financial crisis of Lembaga Tabung Haji (TH) could have been avoided if the institution...
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Tabung Haji’s RM27.5b UJSB sukuk safe, govt will honour guarantee, says Amir Hamzah
KUALA LUMPUR, Aug 12 — The government always ensures that its debts are repaid, said Finance Minister II Datuk Ser...
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BNM issued five warning letters to Tabung Haji leadership over asset-liability gap
KUALA LUMPUR, Aug 11 — Bank Negara Malaysia (BNM) had issued five warning letters to the Tabung Haji (T...
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Zulkifli: Tabung Haji now in much stronger position after institutional recovery
KUALA LUMPUR, Aug 11 — Lembaga Tabung Haji (TH) is now in a much stronger position after undergoing an instit...
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Govt’s over RM10b Tabung Haji bailout aimed at restoring finances, not taking over assets, says Zulkifli
KUALA LUMPUR, Aug 11 — The government rescued Lembaga Tabung Haji (TH) through a bailout exceeding RM10...
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Govt could have faced RM74.5b liability from Tabung Haji bank run in 2018, says Zulkifli
KUALA LUMPUR, Aug 11 — The government risked assuming liabilities of about RM74.5 billion if a massive panic...
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Rafizi: Govt has yet to fully settle RM12.5b Tabung Haji commitment
KUALA LUMPUR, Aug 11 — The government has yet to fully settle its RM12.5 billion financial commitment to Lembaga T...
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Tabung Haji recovery plan addressed RM12.6b losses but further reforms needed, says RCI
KUALA LUMPUR, Aug 8 — Lembaga Tabung Haji’s (TH) restructuring and recovery plan successfully res...