News about BNM

KUALA LUMPUR (March 3): Malayan Banking Bhd (Maybank) said it will cut its base rate (BR) and base lending rate (BLR) by 25 basis points effective Thursday, in line with the reduction in the overnight policy rate (OPR) announced by Bank Negara Malaysia today.

KUALA LUMPUR (March 3): Bank Negara Malaysia (BNM) said today its monetary policy committee (MPC) decided to reduce the overnight policy rate (OPR) by 25 basis points to 2.

KUALA LUMPUR (Dec 31): Bank Negara Malaysia (BNM) has issued its revised policy document on anti-money laundering/counter financing of terrorism (AML/CFT) and targeted financial sanctions (TFS), which will take effect tomorrow (Jan 1, 2020).

KUALA LUMPUR (Dec 23): Bank Pembangunan Malaysia Bhd (BPMB) and Danajamin Nasional Bhd have received Bank Negara Malaysia's (BNM) approval to commence negotiations under the first phase of the government's proposed merger involving the country's development financial institutions (DFIs).

KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said today Malaysia's economic growth will remain positive in the fourth quarter of 2019 (4Q19) and the expansion will be sustained into 2020, anchored by the country's private sector spending and diversified nature of its economy and exports.

KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) said the reduction of the statutory reserve requirement (SRR) ratio, from 3.

KUALA LUMPUR (Nov 15): Malaysia's economic growth, as measured by gross domestic product, moderated to 4.

KUALA LUMPUR (Nov 5): Bank Negara Malaysia (BNM) today left its key interest rate unchanged, as it expects the country's economic growth to come in within projections this year and the pace sustained going into 2020.

KUALA LUMPUR (Oct 24): 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 director of financial surveillance Qaiser Iskandar Anwarudin.

KUALA LUMPUR (Sept 25): UOB Group anticipates Bank Negara Malaysia (BNM) to remain patient before making further interest rate adjustments as the nation's Budget 2020, which is expected to include expansionary measures to support the economy, will lighten the pressure on BNM to pursue another rate cut in 2019.