Tag Archives: Bank

KUALA LUMPUR, Jan 15 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak today announced the latest product from Bank Rakyat for flood victims, Peribadi-i. The product offers maximum financing of RM50,000, at a profit rate starting from as low as 3.9 per cent, and loan period of up to seven …

Bank Negara Malaysia (BNM) announced the new base and effective lending rates for financial institutions in Malaysia. No earnings impact from new rate frameworkwww.kinibiz.comThe new rate framework, which replaces the base lending rate with a base rate is unlikely to impact the earnings of financial …

KUALA LUMPUR, Dec 24 (Bernama) — Bank Rakyat aims to allocate RM150 million to finance working capital requirements for 30 new Ar-Rahnu branches to be developed by various cooperatives next year. The financing will be made via the bank’s Ar-Rahnu Flexi package, a facility for cooperative …

'1MDB got loan extension from Bank Negara' Kadir Jasin claims central bank had to agree for sake of the banking system. '1MDB got loan extension from Bank Negara'

KUALA LUMPUR, Nov 28 (Bernama) — Malaysia’s reserves remain usable and unencumbered as at end-October 2014, based on the detailed breakdown of international reserves under the International Monetary Fund’s Special Data Dissemination Standard (SDDS) format, said Bank Negara Malaysia …

KUALA LUMPUR, Nov 7 (Bernama) — Bank Negara Malaysia (BNM) today announced the appointment of two new Assistant Governors, Shaik Abdul Rasheed Abdul Ghaffour and Ahmad Hizzad Baharuddin. Assistant Governor Shaik Abdul Rasheed would be responsible for the Strategic Management, Human Capital Dev …

Bank Negara Malaysia decided to keep the OPR unchanged at 3.25% at its Monetary Policy Committee meeting today. BNM keeps OPR unchanged at 3.25%www.kinibiz.comBank Negara Malaysia (BNM) decided to keep the overnight policy rate (OPR) unchanged at 3.25% at its Monetary Policy Committee (MPC) meeting …

What if a company without any land bank, nor any existing assets announced it was looking to list on Bursa? Without this information, would an investor be able to adequately evaluate the risk? Will Eco World be M’sia’s first non O&G Spac?www.kinibiz.comMalaysia has four companies who have listed …

With currently 846,141 ha in plantation land bank through Sime Darby Plantation, a successful takeover — conditional upon gaining at least 51% ownership — would add NBPOL’s 134,611 ha into the fold, taking Sime Darby Plantation across the one million ha mark in land bank. Moody’s: NBPOL buy to boost …

S'gor freezes funds for Khalid's constituencies The state freezes the bank accounts for a gov't senior citizen scheme. S'gor freezes funds for Khalid's constituencies

Minister seeks special bank to offer housing loans Rahman Dahlan says this would facilitate house buyers to apply for loans. Minister seeks special bank to offer housing loans

Bank Negara keeps interest rates at 3.25 pct It decided to maintain the benchmark interest rate at the meeting today. Bank Negara keeps interest rates at 3.25 pct

FREE: Bank Negara Malaysia governor Zeti Akhtar Aziz has been accorded “Grade A” among the heads of central banks for the 11th consecutive time by the Global Finance magazine Global Finance magazine rates Zeti 'A' for the 11th timewww.kinibiz.comBank Negara Malaysia governor Zeti Akhtar Az …

An HSBC bank officer and her husband who were charged with transferring and withdrawing money, totalling RM85,180, from the accounts of four victims of the missing Malaysia Airlines flight MH370 have been given a month to appoint their counsel. The grace period was given by Sessions Court Judge Nors …

Bank Negara had expected inflation to remain between three and four percent. July inflation at 3.2 pct, slightly below forecast