KUALA LUMPUR: Bank Negara Malaysia (BNM) has added 12 new entities to its Financial Consumer Alert (FCA) list.
PETALING JAYA: Bank Negara will continue monitoring the evolving digital asset landscape in 2025.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will work with its ASEAN counterparts to encourage businesses to use local currencies in facilitating trade within the region, said Deputy Governor Datuk Marzunisham Omar.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.
KUALA LUMPUR: Bank Negara projects the Malaysian economy to grow by 4.5% to 5.5% this year driven by sustained domestic demand anchored on private consumption, private sector investments as well as the continued progress of public sector infrastructure projects and the adjustments to civil service wages.
KUALA LUMPUR: Bank Negara will continue monitoring the evolving digital asset landscape in 2025.
PETALING JAYA: Bank Negara will pay a record-high RM5.25bil as a dividend to the government after it recorded a surge in net profit to RM13.16bil for last year.
KUALA LUMPUR: Bank Negara Malaysia's (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).
KUALA LUMPUR: Bank Negara's international reserves amounted to US$118bil as at March 14, down marginally from US$118.3bil as at Feb 28.
RHB Bank Bhd has subscribed to an additional 51 million new shares in Boost Bank for RM51mil in cash to maintain its 40% stake in the digital bank.
KUALA LUMPUR: RHB Bank Bhd has subscribed for an additional 51 million new Boost Bank shares for RM51mil cash to maintain its 40% stake in the digital bank.
PETALING JAYA: The banking industry successfully intercepted almost RM800mil worth of suspicious and fraudulent transactions in the past two years, says the Association of Banks in Malaysia (ABM).
KUALA LUMPUR: Bank Negara has announced that the Finance Ministry approved the appointment of Aznan Abdul Aziz as deputy governor for a three-year term effective April 1, 2025.
PETALING JAYA: Bank Islam Malaysia Bhd has issued its seventh tranche of RM250mil subordinated sukuk murabahah under its RM10bil Sukuk Murabahah Programme.
KUALA LUMPUR: Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
PETALING JAYA: Bank Islam Malaysia Bhd has issued its seventh tranche of RM250mil Subordinated Sukuk Murabahah under its RM10bil Sukuk Murabahah Programme.
KUALA LUMPUR: Enhanced security controls enabled the banking industry to avert over RM399 million in attempted fraudulent transactions in 2024, Bank Negara Malaysia (BNM) said.
KUALA LUMPUR: The ringgit is likely to remain defensive within the 4.41 to 4.45 range against the US dollar this week, underpinned by Bank Negara's recent policy status quo and Malaysia's solid macro outlook.
KUALA LUMPUR: Bank Negara has maintained its overnight policy rate (OPR) at 3%, in line with the expectations of economists.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has refined several entry requirements for digital insurers and Takaful operators (DITOs) in its policy document on licensing and regulatory framework for DITOs released today.