News about bank

KUALA LUMPUR (July 14): Bank Simpanan Nasional (BSN) is striving to get 10,000 new borrowers for its Youth Housing Scheme to boost its current low take-up rate, Bernama reported today.

PETALING JAYA (July 14): Maybank’s base rate (BR) and base lending rate (BLR) will be reduced by 20 basis points to 3% per annum and 6.

PETALING JAYA (July 14): Bank Negara Malaysia’s (BNM) decision to cut the overnight policy rate (OPR) by 25 basis points to 3% is expected to have a positive impact on borrowers and the property sector, said property developers and mortgage firms.

KUALA LUMPUR (July 14): Bank Negara Malaysia's cutting of the overnight policy rate (OPR) from 3.

KUALA LUMPUR (July 14): UEM Sunrise Bhd rose as much as three sen or 3% after Bank Negara Malaysia cut the overnight policy rate (OPR) to 3% from 3.

KUALA LUMPUR (July 14): Bank Negara Malaysia’s unexpected move to cut the overnight policy rate (OPR) by 25 basis points (bps) to 3% yesterday is not enough to revive property sales, according to TA Securities Research.

KUALA LUMPUR (July 14): Hong Leong Investment Bank Research (HLIB Research) has upgraded Malaysian Real Estate Investment Trusts (M-REITs) to “Overweight”, following Bank Negara’s move to cut the overnight policy rate (OPR) by 25 basis points to 3% yesterday.

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

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has jointly led a consortium of lenders to provide the first syndicated syariah-compliant construction financing in New York, the US, totalling US$219 million (RM895.

KUALA LUMPUR (June 16): Bandar Malaysia Sdn Bhd has obtained funding for its massive project with the setting up of a fund backed by leading Chinese and Malaysian banks, with an asset base exceeding US$13 trillion.