News about BNM

KUALA LUMPUR (Jan 1): Former Bank Negara Malaysia (BNM) governor Tan Seri Dr Zeti Akhtar Aziz today denied allegations that she and her family had received funds from 1Malaysia Development Bhd (1MDB).

KUALA LUMPUR (Nov 3): Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.

KUALA LUMPUR (Oct 14): Despite the expected weakening in financial health among non-financial corporates (NFCs) due to the Covid-19 pandemic, the aggregate indicator of the debt- servicing capacity of NFCs has remained above the prudent threshold, reflecting the reasonably healthy financial conditions prior to the pandemic, according to Bank Negara Malaysia's (BNM) Financial Stability Review for the first half of 2020 (1H20).

KUALA LUMPUR (Oct 14): Bank Negara Malaysia (BNM) data showed that the total value of loan repayments had reached 70% of what it was prior to the blanket loan moratorium period.

KUALA LUMPUR (Oct 14): Household loan impairments are projected to double, albeit from historically low levels, said Bank Negara Malaysia (BNM) in its latest Financial Stability Review.

KUALA LUMPUR (Oct 6): Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at the current 1.

KUALA LUMPUR (Sept 10): Bank Negara Malaysia (BNM)’s Monetary Policy Committee has decided to maintain the overnight policy rate (OPR) at 1.

KUALA LUMPUR (Aug 31): Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said today.

KUALA LUMPUR (Aug 11): Bank Negara Malaysia (BNM) has announced that its Shariah Advisory Council (SAC) has made a ruling on practices of restructuring of Islamic financing facilities during the Covid-19 crisis.

KUALA LUMPUR (July 13): The Malaysian Association of Tour and Travel Agents (MATTA) has urged the government and Bank Negara Malaysia (BNM) to extend the bank loan-repayment moratorium by another six months for the tourism industry because the sector is the hardest hit by the Covid-19 outbreak and studies indicate that it will only recover from the crisis much slower than other local industries.