Last year's aggressive OPR cuts enough to drive growth for now, says BNM governor
KUALA LUMPUR (Feb 11): Bank Negara Malaysia (BNM) is neither hawkish nor dovish, but it is defensive on the direction of the overnight policy rate (OPR).
BNM allocates extra RM2b for Targeted Relief and Recovery Facility, sets up RM200m Disaster Relief Facility 2021
KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.
BNM: Terrorists using Covid-19 pandemic to advance propaganda, fundraising
KUALA LUMPUR (Feb 4): Bank Negara Malaysia (BNM) deputy governor Marzunisham Omar said there have been growing concerns that terrorist groups are using the Covid-19 pandemic to advance their propaganda and fundraising efforts.
Even without OPR cut, real rates will turn negative this year, says Maybank IB chief economist
KUALA LUMPUR (Jan 20): A passive easing in interest rates in the country will be seen, even without making any changes to the overnight policy rate (OPR), according to Maybank Investment Bank (Maybank IB) chief economist Suhaimi Ilias.
BNM keeps OPR at 1.75% amid continued recovery of global economy but downside risks remain
KUALA LUMPUR (Jan 20): Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 1.
Covid-19: BNM says borrowers can request loan-repayment moratorium, CCRIS report won’t be affected
KUALA LUMPUR (Jan 18): In an instant reaction to Prime Minister Tan Sri Muhyiddin Yassin’s RM15 billion economic stimulus package announcement today, Bank Negara Malaysia (BNM) said loan takers can request repayment moratorium and that their Central Credit Reference Information System report will not be affected at a time when the nation contends with the economic impact of the Covid-19 pandemic.
BNM expected to cut OPR to new low of 1.5% — DBS Group Research
KUALA LUMPUR (Jan 15): DBS Group Research is predicting Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 25 basis points (bps), which would bring the interest rate to a new low of 1.
Zeti slams claims about her family receiving 1MDB money as false, malicious
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).
BNM maintains OPR at 1.75% at final monetary policy meeting for 2020
KUALA LUMPUR (Nov 3): Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.
Non-financial corporate debt servicing capacity still above prudent level in 1H20
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).
