News about bank

KUALA LUMPUR (May 22): According to the Deutsche Bank’s 8th annual survey of global prices and living standards, Kuala Lumpur ranked No 49 to rent a mid-range 2-bedroom apartment at US$448 month.

KUALA LUMPUR (May 17): After a 20 basis points (bps) cut to its Base Rate (BR) and Base Lending Rate (BLR) just a week ago, Malayan Banking Bhd (Maybank) has reduced both rates by a further 5 bps each.

KUALA LUMPUR (May 10): Seacera Group Bhd has been a served a letter of demand for payment of RM12.

KUALA LUMPUR (May 9): The public prosecutor yesterday called Malayan Banking Bhd KL Main Branch assistant branch manager Halijah Abdul Wahab to the High Court to verify a series of transactions involving former Prime Minister Datuk Seri Najib Razak and SRC International Sdn Bhd.

KUALA LUMPUR (May 8): Malayan Banking Bhd (Maybank) will revise its base lending rate (BLR) and base rate (BR) by 20 basis points (bps) effective tomorrow in line with the cut in Bank Negara Malaysia (BNM)’s Overnight Policy Rate (OPR) to 3% on May 7.

PETALING JAYA (May 7): The reduction of the overnight policy rate (OPR) by Bank Negara Malayisa (BNM) today is a good move to stimulate the economy and the property market, said real estate consultant and CEO of Zerin Properties Previndran Singhe.

KUALA LUMPUR (May 7): Bank Negara Malaysia (BNM) has reduced its key interest rate to 3%, marking the first time it has revised the rate in more than a year.

  SETIA ALAM (April 24): S P Setia Bhd and Maybank are partnering for the second year to offer Setia FlexKey, an enhanced HouzKEY financing scheme by Maybank.

KUALA LUMPUR (April 16): There were at least two teams involved in the Bank Negara Malaysia (BNM) raid on the AmBank branch along Jalan Raja Chulan on July 6, 2015 which acquired information on bank accounts related to former prime minister Datuk Seri Najib Razak and SRC International Sdn Bhd.

  KUALA LUMPUR (April 16): The higher allocation of works for local contractors for the East Coast Rail Link (ECRL) project is a positive for the construction sector, says CIMB Investment Bank (CIMB IB).