News about Bank Negara

KUALA LUMPUR (July 13): Bank Negara Malaysia (BNM) has cut its key interest rate to 3% from 3.

KUALA LUMPUR (June 2): Higher costs of funding prompted some banks to raise their base rates (BR) and base lending rates (BLR) recently, the first time since January 2015, when the BLR structure was replaced with a new BR system.

KUALA LUMPUR (May 25): IGB Corp Bhd, which saw its latest quarterly net profit slump 20.

Property sector Maintain neutral: According to the National Property Information Centre, Malaysia’s property market recorded an 8% decline in transaction value and a 5.

PETALING JAYA (May 7): A new man is in charge.

OVER the past year or so, a few quarters – especially property developers and real estate agents – said many of their customers were finding it difficult to get financing to buy properties.

KUALA LUMPUR (April 27): Bank Negara Malaysia (BNM) deputy governor Datuk Muhammad Ibrahim (pictured) is taking over as governor of the central bank, replacing Tan Sri Dr Zeti Akhtar Aziz who is retiring on April 30.

THE Malaysian property market has been on a downward slide for the past two years or so.

PUTRAJAYA (April 19): The overall property market slowed down marginally in 2015 from a year ago – with volume down by 5.

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.