News about Bank Negara Malaysia

KUALA LUMPUR (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd are reducing their base rate and fixed deposit rate/fixed return income account-i board rates by 25 basis points, in line with the overnight policy rate cut announced by Bank Negara Malaysia on Tuesday.

KUALA LUMPUR (March 4): RHB Banking Group is revising its base rate (BR) and base lending rate (BLR) downward by 25 basis points, in line with the reduction of the overnight policy rate as announced by Bank Negara Malaysia on Tuesday.

KUALA LUMPUR (March 4): Economists are divided on whether Bank Negara Malaysia (BNM) will have another rate cut by next year, after the central bank reduced the overnight policy rate (OPR) by 25 basis points to 2.

Malaysia today revealed a RM20 billion package of tax reliefs and subsidies to stimulate the economy hit by the coronavirus (Covid-19) outbreak.

KUALA LUMPUR (Feb 12): OCBC Bank Research is expecting Malaysia to cut interest rate further this March, after a recent one in January, following lower-than-expected GDP growth during the fourth quarter of last year (4Q19), that could slow further this quarter (1Q2020), due to the 2019 novel coronavirus (COVID-19) outbreak.

KUALA LUMPUR (Feb 12): Malaysia’s economic growth will be affected by the COVID-19 outbreak, particularly in the first quarter of 2020 (1Q20), said Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus (pictured).

KUALA LUMPUR (Feb 3): Real estate investment trusts (REITs) are expected to be sought after, more so after Bank Negara Malaysia’s recent cut in the overnight policy rate (OPR) by 25 basis points which resulted in lower bank deposit rates.

KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.

KUALA LUMPUR (Jan 23): CIMB Bank Bhd, together with CIMB Islamic Bank Bhd, is lowering its base rate and fixed deposit rates by 25 basis points, in line with Bank Negara Malaysia's key interest rate cut yesterday.

KUALA LUMPUR (Jan 22): Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) has reduced the overnight policy rate (OPR) to 2.