News about Bank Negara

KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.

KUALA LUMPUR (July 21): Credit access is not the problem confronting potential homebuyers, but rather more fundamental issues like affordability and shortage of supply of reasonably priced houses, says Bank Negara Malaysia (BNM).

THE local property market has seen frenzied buying in recent years as real estate is considered by many to be the perfect investment in the face of rising inflation.

KUALA LUMPUR (July 20): RHB Bank and RHB Islamic Bank will revise their base rates (BR) to 3.

KUALA LUMPUR (July 20): Selangor Menteri Besar Datuk Seri Azmin Ali has urged Bank Negara Malaysia (BNM) to look at measures to help potential first-time homebuyers acquire properties to increase home ownership.

CONTRARY to the expectation of most economists, Bank Negara Malaysia cut the overnight policy rate (OPR) by 25 basis points to 3% last Wednesday, following its counterparts from Indonesia, Singapore and Taiwan.

KUALA LUMPUR (July 18): AmBank (M) Bhd has teamed up with Advelsoft (M) Sdn Bhd to provide bank customers with JomPAY, a platform to make online bill payments for monthly management fees for condominiums and apartments.

KUALA LUMPUR (July 18): Naza TTDI Sdn Bhd plans to launch projects worth RM1.

KUALA LUMPUR (July 18): CIMB Group Holdings Bhd has joined other banks in lowering its base rate (BR) by 20 basis points (bps) for loans or financing products for its Malaysian business.

KUALA LUMPUR (July 15): Bank Negara Malaysia’s (BNM) unexpected overnight policy rate (OPR) cut signalled possible easing measures for the property segment going forward, as the 25 basis points (bps) reduction from 3.