News about BNM

KUALA LUMPUR (Sept 18): It is not unheard of for staff to sign letters on behalf of their employers, said former prime minister Datuk Seri Najib Razak (pictured) yesterday in a Facebook post as he defends the authenticity of several letters, purportedly from Saudi royalty, that he claimed were proof that the US$972 million that went into his AmBank account were personal donations to him.

KUALA LUMPUR (June 22): The country’s central bank will continue to act as an independent entity based on the rules set out in the legislation, Bernama reported Finance Minister Lim Guan Eng as saying today.

KUALA LUMPUR (June 22): Datuk Nor Shamsiah Mohd Yunus has been appointed as the new governor of Bank Negara Malaysia (BNM).

KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim is expected to resign and former BNM deputy governor Datuk Nor Shamsiah Mohd Yunus is a likely replacement, according to sources.

KUALA LUMPUR (June 5): Bank Negara Malaysia (BNM) declined to comment on strong market talk that governor Tan Sri Muhammad Ibrahim (pictured) has submitted his resignation.

PUTRAJAYA (June 5): The Housing and Local Government Ministry (KPKT) will discuss with the Ministry of Finance (MoF) and Bank Negara Malaysia (BNM) on relaxing current lending guidelines to enable more homebuyers from the B40 and M40 groups to secure housing loan.

KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) said yesterday the definition of affordable houses quoted by the Real Estate and Housing Developers’ Association (Rehda) as being in the price range of RM300,000 to RM500,000 is inaccurate.

KUALA LUMPUR (April 2): Bank Negara Malaysia’s (BNM) (pictured) RM2 billion land purchase from the government doubled its land assets last year, its 2017 annual report show.

KUALA LUMPUR (March 30): Several economists have kept their end-2018 overnight policy rate (OPR) forecast unchanged at 3.

PETALING JAYA (March 28): Loans for the purchase of residential properties remain the largest component of household debt, representing 52% of total household loans, according to Bank Negara Malaysia’s (BNM) “Financial Stability and Payment Systems Report 2017” released today.