Cagamas conducts RM450m in issuances to purchase mortgage loans from financial system
KUALA LUMPUR (March 20): Cagamas Bhd has conducted RM450 million in issuances, which will be used to fund the purchase of mortgage loans from the financial system.
Association of Banks in Malaysia's members taking steps to help customers affected by Wuhan virus
KUALA LUMPUR (Feb 11): The Association of Banks in Malaysia (ABM) says its members are undertaking measures to ensure their respective customers are able to weather the impacts caused by the coronavirus.
AmBank Research: OPR cut should potentially help put lid on declining business sentiments
KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.
CIMB to offer six-month repayment relief for flood victims
KUALA LUMPUR (Dec 24): CIMB Group Holdings Bhd is providing a six-month repayment relief for a number of loans and financing products for customers and staff who have been affected by the recent floods.
Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.
1MDB loans needed Najib's approval: Former CEO
KUALA LUMPUR (Oct 1): 1Malaysia Development Bhd's (1MDB) loans needed former prime minister Datuk Seri Najib Abdul Razak's approval, ex-1MDB chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court here today.
Take action against banks only if they don't lend to first-timers and buyers of affordable homes, says HBA
PETALING JAYA (April 27): Although the National House Buyers Association supports the move by the Ministry of Finance (MoF) to take action against banks who fail to give out housing loans to those eligible, the consumer body has proposed that action be taken only against banks that fail to lend to first-time homebuyers and those seeking to purchase affordable homes priced below RM300,000.
Growth in loan disbursement accelerates to five-year high of 7.3% in 2018
KUALA LUMPUR (March 27): Banks are lending.
BNM tells banks to use plain language in housing loan contracts
PETALING JAYA (March 27): Bank Negara Malaysia (BNM) (pictured) has given banking institutions until end- 2019 to revise “unfair” terms and conditions, and improve clarity by using plain language for both new and existing housing loan and financing contracts.
BNM's LINK can help you if the bank has been bullying you
KUALA LUMPUR (March 13): Whether it’s due to an unexpected expense, or any other occurence that may crop up in life that causes financial difficulties, the bank still comes calling for their money, but your pockets are empty, Bank Negara Malaysia provides a resource that can help you.
