#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

#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