News about bank

PUTRAJAYA (Feb 19) : Datuk Seri Najib Razak's appeal over the dismissal of his suit against against AMMB Holdings Bhd, AmBank Islamic Bank Bhd and the bank's former customer relationship manager Joanna Yu Ging Ping has been fixed for hearing at the Court of Appeal on June 25.

KUALA LUMPUR (Feb 11): Blanket loan moratorium is not the remedy to the current economic problems.

KUALA LUMPUR (Feb 4): Bank Negara Malaysia (BNM) is unlikely to cut its overnight policy rate (OPR) any further from the current 1.

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.

KUALA LUMPUR (Jan 19): Former Port Klang Authority general manager (GM) Datin Paduka OC Phang, who was ordered to pay RM2.

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.

In early December 2020, it was reported on online media that the house of a cash purchaser in Lunas, Kedah was auctioned off by the financing bank because the progress payments she made to the developer allegedly never reached the bank.

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.

KUALA LUMPUR (Jan 14): A total of 69 Malayan Banking Bhd (Maybank) branches across Malaysia will not be operational temporarily starting from today (Jan 14) due to the re-enforcement of various levels of the nation’s movement control order (MCO) to curb the spread of the Covid-19 pandemic.

KUALA LUMPUR (Jan 3): Malayan Banking Bhd (Maybank) will  temporarily revise its branch operating hours starting tomorrow (Jan 4) based on designated Covid-19 pandemic zones across Malaysia to protect the bank's customers and employees.