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Banks Should Form a Department to Work With Borrowers Before Foreclosure
It is a sad reality that more and more Malaysians are falling victim to foreclosure due to unfortunate circumstances and poor education and poor communicat...
Banks to Provide Loan Repayment Flexibility to Borrowers Affected by COVID-19
Bank Negara Malaysia (BNM) refers to the announcement by Yang Amat Berhormat Prime Minister on measures to provide a targeted extension of the moratorium a...
Prepare to Start Repaying Loans in October - BNM
Following the six-month moratorium that began in March, borrowers will need to start repaying their loans starting October 1st as banks have announced they...
Bank Negara Raises Income, Property Price Ceilings Under RM1b Affordable Home Fund
Bank Negara Malaysia (BNM) has expanded the eligibility criteria of its RM1 billion Fund for Affordable Homes, a fund that was set up earlier this year to ...
BNM Maintains OPR at 3% as Growth Projection Subject to Downside Risk
Bank Negara Malaysia's (BNM) monetary policy committee (MPC) has at its meeting on 9 July 2019 decided to maintain the overnight policy rate (OPR) at 3%. A...
Banks' Interest Rate After BNM's 2019 OPR Cut
The Overnight Policy Rate (OPR) is an overnight interest rate set by Bank Negara Malaysia (BNM). It is a rate a borrower bank has to pay to a leading bank ...
HSBC : BNM Unlikely to Further Cut OPR This Year
Malaysia’s economy remains sound and Bank Negara Malaysia (BNM) is unlikely to further reduce the overnight policy rate (OPR) this year, says HSBC Privat...
Banks Raising Interest Rates While BNM Still Holding OPR Steady
Several financial institutions have increased their base rate (BR) ahead of Bank Negara Malaysia’s review of the overnight policy rate (OPR), according t...
Bank Negara Wants to Impose a Limit on Cash Transactions
Bank Negara Malaysia (BNM) is looking at introducing a transaction limit for cash transactions in the country. BNM is still studying to either implement a ...
Putrajaya Proposing Lower House Loan Interest Rate, Even as BNM Hikes OPR
Putrajaya said today it will submit a proposal to Bank Negara Malaysia (BNM) proposing a lower mortgage interest rate, in a bid to reduce the overall finan...
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