News About BNM

Govt, BNM must step in to extend bank loan-repayment moratorium — MATTA

Jul 13

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.

Affin Hwang remains neutral on MREITs despite OPR cut to 1.75%

Jul 08

KUALA LUMPUR (July 8): Affin Hwang Capital Research has maintained its "neutral" rating for Malaysian real estate investment trusts (MREITs) with a 5% distribution yield at the end of 2021 after Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR), for the fourth time this year, by 25 basis points (bps) to 1.

BNM rate cut hints of a higher vulnerability

Jul 08

KUALA LUMPUR (July 8): Bank Negara Malaysia (BNM) has cut the overnight policy rate (OPR) by 25 basis points (bps) to the lowest-ever level of 1.

BNM may cut OPR by another 25bps to 1.50% as early as September — HLIB

Jul 08

KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.

MTUC to BNM, MoF: Compel banks to extend loan moratorium or see record forfeitures

Jul 04

KUALA LUMPUR (July 4): The Malaysian Trades Union Congress (MTUC) said today the government and Bank Negara Malaysia (BNM) must compel banks to extend the loan repayment moratorium by six more months or see record asset forfeitures involving borrowers.

RHB Bank lowers base rate by 50 basis points

May 06

KUALA LUMPUR (May 6): RHB Banking Group has revised its base rate (BR) and base lending rate (BLR) downwards by 50 basis points (bps) effective May 13, 2020, in line with a reduction in the overnight policy rate (OPR) by Bank Negara Malaysia (BNM).

Public Bank lowers base rate, base lending rate by 50bps

May 06

KUALA LUMPUR (May 6): Public Bank will reduce its base rate (BR) and base lending rate (BLR) by 50 basis points (bps), in line with Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) cut yesterday.

BNM cuts OPR by 50bps to 2% amid worldwide pandemic-induced economic disruptions

May 05

KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 50 basis points (bps) to 2%, a level last seen during the 2008-09 global financial crisis.

Standard Chartered expects BNM to cut OPR by 50bps tomorrow

May 04

KUALA LUMPUR (May 4): Standard Chartered (StanChart) (pictured) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 50 basis points (50bps) to 2% tomorrow.