Posts Tagged ‘BNM’

Mobile payment not a threat to banks

By AZALEA AZUAR / Pic AFP
The increasing popularity of mobile payment in Malaysia is not a material threat to local banks, said RAM Rating Services Bhd ...

Strong 1Q GDP, higher crude fail to keep ringgit support after 1-day rally

BNM’s plans to boost onshore market liquidity and accessibility is expected to mitigate a key risk facing the ringgit, says analyst
by MARK RAO / pic ...

BNM to boost market accessibility, liquidity

By NG MIN SHEN / Pic By TMR File
Bank Negara Malaysia (BNM) has announced several initiatives for the foreign-exchange (forex), derivative and ...

Malaysia weathers the storm as economy expands 4.5% in 1Q19

Growth for the January-March period was supported by domestic demand and recovery in agricultural production
by NG MIN SHEN & ALIFAH ZAINUDDIN / ...

Bank Islam cuts lending base rates

By NG MIN SHEN / Pic By MUHD AMIN NAHARUL
Bank Islam Malaysia Bhd (BIMB) has lowered its base rate (BR) by 26 basis points (bps) to 3.77% per annum ...

Najib cannot be alerted on ‘suspicious’ transactions, says BNM official

by RAHIMI YUNUS / pic by RAZAK GHAZALI
MALAYSIAN banks do not need to alert an account owner, if they find suspicious transactions in a specific ...

AmBank Research expects 2nd OPR cut early 2020

By SHAHEERA AZNAM SHAH / Pic By MUHD AMIN NAHARUL
Bank Negara Malaysia (BNM) will likely reduce the key interest rate for the second time in late 2019 ...

Banks expected to lower lending rates, but with different quantums

The quantum will differ based on how a bank assesses market conditions and borrowers’ financial capabilities, says analyst
By MARK RAO / Pic By MUHD ...

BNM cuts OPR to 3% amid ‘signs of tightening financial conditions’

The adjustment is therefore intended to preserve the degree of monetary accommodativeness, says the central bank
 By NG MIN SHEN / Pic By TMR File ...

Loans growth to remain low in the near term, but projects revival could add spark

Loans for construction and WC purposes are expected to see a revival following the govt’s decision to kick-start a few mega infrastructure projects
By ...

OCBC expects BNM OPR cut in July

By BERNAMA / Pic By BLOOMBERG
Oversea-Chinese Banking Corp Ltd (OCBC) is retaining its expectations that Bank Negara Malaysia (BNM) may cut the ...

Affin Bank expects fixed deposits, margins to remain challenging in 2019

By MARK RAO / Pic By ISMAIL CHE RUS
Affin Bank Bhd expects its fixed deposits and margins coming under pressure this year as the central bank is ...