Posts tagged as:

Banking

Why I chose CIMB Prime Plan

November 24, 2009

I was on the lookout for a current account with any local bank and found that most current accounts need an introducer before you can open an account with the bank. Not really wanting to go through the trouble, I found the perfect solution in CIMB Prime Plan.

CIMB Prime Plan is a current bank account [...]

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Guess what a Maybank customer service staff asked me

June 2, 2009

Some time back I was at a Maybank branch in KLCC to open a banking account. I didn’t do enough homework to know that a simple savings account needed at least RM250 to start with. I didn’t have enough cash in hand and asked the customer service lady if there are other accounts that I [...]

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Financial sector liberalisation and its effects on the banking industry

April 27, 2009

It is indeed good news and quite a surprise that the government has decided to liberalise the financial sector further, this time allowing up to 70% equity of foreign interest in our local financial institutions, save for commercial banks. This is a huge step and I think one that will help to boost the banking [...]

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More gloom ahead for financial institutions – HSBC cuts jobs

March 2, 2009

With the recent market nervousness that’s been created by the news of AIG and Citigroup both needing urgent funds with one resorting to disposing valueable assets and the other on the verge of nationalisation, yet another news is cropping up from another financial institution.
This time, it is HSBC who needs to raise some $17 billion [...]

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