News about bank

PETALING JAYA (July 5): The proposed mortgage with less stringent lending requirements by banks mooted by the Housing and Local Government Ministry (KPKT) that is aimed at benefiting the M40 and B40 groups may not be a good move, said the Institute for Democracy and Economic Affairs (IDEAS) senior fellow Dr Carmelo Ferlito.

PUTRAJAYA (July 3): The government aims to roll out a loan scheme aimed at the M40 and B40 income group, said Housing and Local Government Minister (KPKT) Zuraida Kamaruddin.

KUALA LUMPUR (July 2): Newly appointed Permodalan Nasional Bhd (PNB) chairman Tan Sri Dr Zeti Akhtar Aziz (pictured) says she will continue to serve as a member of the Council of Eminent Persons (CEP).

PETALING JAYA (June 30): Former Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar will take a “short break” to spend time with his family after 17 years of working in government-linked companies (GLC).

PETALING JAYA (June 29): Tan Sri Abdul Wahid Omar has resigned from his position as Permodalan Nasional Bhd (PNB) group chairman, reported The Star.

KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.

KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.

PUTRAJAYA (June 22): Datuk Nor Shamsiah Mohd Yunus (pictured) has promised to maintain the country's monetary and financial stability upon assuming office as Bank Negara Malaysia Governor on July 1 this year.

KUALA LUMPUR (June 22): The country’s central bank will continue to act as an independent entity based on the rules set out in the legislation, Bernama reported Finance Minister Lim Guan Eng as saying today.

KUALA LUMPUR (June 22): The Penang Forum has called for a fresh review of the state’s Transport Master Plan (PTMP) by an international body.