July 4, 2025

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AEON Credit valuations to hinge on banking arm

  • July 3, 2025

PETALING JAYA: Aeon Credit Service (M) Bhd’s valuations will likely be driven by the performance of its loss making subsidiary, AEON Bank (M) Bhd, which is Malaysia’s first Islamic digital bank. AEON Credit’s management expects the bank to only post a profit in financial year 2029 (FY29) and to run losses till then due to

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Banking

Banking sector earnings outlook constructive

  • June 26, 2025

PETALING JAYA: Amid macroeconomic uncertainties, the earnings outlook for the banking sector remains resilient this year. TA Research, in a report, said the domestic banking sector’s earnings are constructive. The sector’s earnings are projected to expand by 4.6% to RM37.3bil, underpinned by sound fundamentals and continued operational resilience, it noted. The research house said loan

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