#Article

BNM Maintains OPR at 1.75%

There has been speculation whether Bank Negara Malaysia will cut the Overnight Policy Rate after reducing it by a total of 125bps last year, from 3.0% to 1...

20-01-2021

#Article

Ultimate Guide to Homebuyer Incentives in Malaysia 2021

Are you looking to buy a home in Malaysia? Here is a complete guide to all the incentives that you might benefit from as a homebuyer!

18-01-2021

#Article

OPR Maintained, No Further Cuts Until End-2021 Predicted

Bank Negara Malaysia (BNM) has announced that the Overnight Policy Rate (OPR) will be maintained at 1.75 per cent in a meeting yesterday.  After the ...

04-11-2020

#BankingInvestment

Final 25bps OPR Cut Made by BNM as Early as September

Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’...

03-09-2020

#BankingInvestment

Base Rate vs BLR in Malaysia: How Does BR Work?

In January 2015, the Base Lending Rate (BLR) structure was replaced with a new Base Rate (BR) system. Under BR, which now serves as the main reference...

24-08-2020

#Article

An Inside Scoop on Banking Mysteries From Former Regional Director of a Bank

Following the announcement of yet another drop in interest rates across banks in Malaysia, a Facebook live discussion was held last night, here at Urban Sp...

16-07-2020

#BankingInvestment

Most Frequently Asked Questions on Malaysia's Loan Moratorium

Bank Negara Malaysia announced an automatic six-month moratorium on all bank loans starting from April 1. Still not sure about it? Here are the answers you...

07-04-2020

#Article

BNM Affordable Home Fund Has Helped 1,100 Buyers to Date

The RM1 billion Bank Negara Malaysia Fund for Affordable Housing has subsidised 1,100 home purchasers as at September, according to the central bank's dire...

28-10-2019

#BankingInvestment

Budget 2020 to Lighten Pressure on BNM to Pursue Another Rate Cut in 2019

UOB Group anticipates Bank Negara Malaysia (BNM) to remain patient before making further interest rate adjustments as the nation's Budget 2020, which is ex...

26-09-2019

#BankingInvestment

Monetary Policy Statement

At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent. ...

17-09-2019

#Article

Bank Negara Expands Eligibility Criteria for RM1B Fund for Affordable Homes

Bank Negara Malaysia (BNM) has expanded the eligibility criteria for first time home buyers looking to buy a house via the RM1 billion Fund for Affordable ...

13-09-2019

#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