#BankingInvestment

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 ...

02-07-2019

#Article

BNM in Midst of Setting Up Financial Threat Intelligence Platform, Says Governor

Bank Negara Malaysia (BNM) is in the midst of setting up a Financial Threat Intelligence Platform to better equip Malaysia against cyber threats in the age...

18-06-2019

#BankingInvestment

Malaysia Does Not Practise Unfair Currency Practices

Bank Negara Malaysia (BNM) said Malaysia supports free and fair trade and does not practise unfair currency practices. This statement is made after Malaysi...

01-06-2019

#BankingInvestment

BNM to Boost Market Accessibility, Liquidity

Bank Negara Malaysia (BNM) has announced several initiatives for the foreign-exchange (forex), derivative and repurchase agreement (repo) markets to improv...

17-05-2019

#BankingInvestment

Bank Muamalat Lowers Base Rate and Base Financing Rate

Bank Muamalat Malaysia Bhd is reducing its base rate (BR) and base financing rate (BFR) by 25 basis points from 4.06% and 7.06% annually to 3.81% and 6.81%...

16-05-2019

#BankingInvestment

RHB Lowers Base Rate and Basic Lending Rate by 20 Basis Points Following OPR Cut

RHB Banking Group said it has revised its base rate (BR) and base lending rate (BLR) by 20 basis points effective May 13, following the cut in the overnigh...

15-05-2019

#BankingInvestment

First Time in Nearly 3 Years, Malaysia Cuts Key Rate to 3%

The recent spike in trade tensions between Washington and Beijing is likely to have concerned policymakers at the bank. Many Asian economies, such as Indon...

08-05-2019

#BankingInvestment

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...

07-05-2019

#bnm

Malaysia to See First Neo Bank by 2020

Financial technology (fintech) industry players are optimistic that Malaysia will be able to kick off its virtual banking revolution and set up its first n...

02-04-2019

#bnm

More Than RM300 Million Worth of Unclaimed Insurance Benefits - BNM

The insurance and takaful industry has more than RM300 million worth of unclaimed benefits as a result of outdated records of policy and certificate holder...

31-03-2019

#SHAREDA

Banks Need to Understand Sabah Property Market, Says SHAREDA President

The loan distribution ratio between Sabah and Kuala Lumpur is a disadvantage to the buyers and developers in Sabah, says Chew Sang Hai, President of the Sa...

29-03-2019

#housingloans

Unfair Housing Loan Terms to Be Revised by End 2019 - BNM

Bank Negara Malaysia (BNM) has found that some terms and conditions in housing loans and financing contracts are disproportionately skewed in favour of ban...

28-03-2019

#bnm

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 ...

28-03-2019

#commercialproperty

Oversupply of Commercial Property Will Worsen - BNM

Bank Negara Malaysia (BNM) saw an uptick in commercial activity in the commercial property sector in 2018, but the oversupply of retail and office space wi...

28-03-2019

#BankingInvestment

Being Bullied by Banks? Bank Negara Malaysia (BNM) LINK Wants to Help You

As you try to sort your finances out, the bank rings you night and day, and you have no idea how to deal with them, "BNMLINK is here to assist you," says D...

13-03-2019

#EastMalaysia

Loan Schemes to Complement the National Home Ownership Campaign

In last year’s Budget 2019 announcement, initiatives were introduced to address the homeownership plights of the B40 group. As the National Home Ownershi...

19-02-2019

#BankingInvestment

HSBC Engaging With BNM to Push Blockchain Trade Finance Platform

HSBC Malaysia is in regular engagement with Malaysian regulators, particularly Bank Negara Malaysia (BNM), in pushing blockchain-based trade finance platfo...

12-01-2019

#EastMalaysia

Allocate Fair Number of Affordable Homes to Sarawak, Putrajaya Told

Sarawak should be allocated a fair number of affordable homes from the recently announced one million units of such houses to be built nationwide in the ne...

07-01-2019

#BankingInvestment

Malaysian Authorities Declare Regulatory Intentions for Crypto

As the world is increasingly embracing Blockchain technologies, Malaysia recently took a significant step towards the inclusion of Crypto and digital asset...

11-12-2018

#BankingInvestment

Greatest Threat for Malaysian Banks - Property Loans

The latest report by Moody’s Investors Service has set off alarm bells over the direction of Malaysia’s financial system, after the ratings agency call...

10-12-2018