News about bank

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.

KUALA LUMPUR (June 22): Council of Eminent Persons member Tan Sri Dr Zeti Akhtar Aziz (pictured) said today the Malaysian Government's decision to appoint Datuk Nor Shamsiah Mohd Yunus as the new Bank Negara Malaysia (BNM) Governor is a demonstration of respect for the central banking institution.

KUALA LUMPUR (June 22): Datuk Nor Shamsiah Mohd Yunus has been appointed as the new governor of Bank Negara Malaysia (BNM).

KUALA LUMPUR: Bank Negara Malaysia (BNM) has highlighted that commercial banks have “considerable flexibility” to decide on mortgage approvals.

PETALING JAYA (June 19): The National House Buyers Association (HBA) is urging the government to allow the Employees’ Provident Fund (EPF) to extend financing for home purchases – particularly of affordable units – to eligible members, reported Free Malaysia Today.

PETALING JAYA (June 18): China’s investors are still upbeat on Malaysia despite the government reviewing the East Coast Rail Line (ECRL) project which had been awarded to a Beijing-linked firm, said the republic’s ambassador to Malaysia Bai Tian.