Bank Negara Malaysia

Bank Negara Malaysia (BNM) is the central bank of Malaysia. Its main purpose is to issue currency, act as banker and adviser to the government of Malaysia and regulate the country's financial institutions, credit system and monetary policy.

BIS, central banks embed regulatory compliance in cross-border payments

Project Mandala has now reached proof of concept stage.

Malaysia invests $906.67m to enhance MSME lending, Islamic finance

It also mulls establishing the Consumer Credit Commission.

BNM proposes roadmap for transition to the Malaysia Overnight Rate

It proposed ceasing the usage of KLIBOR by 2027 and 2028.

Malaysia, Indonesia renew bilateral swap agreement.

The agreement has been extended for another 5 years.

Malaysia, Cambodia launch cross-border QR payment linkage

The initiative’s first phase has concluded as of 19 September.

Malaysia, UK tout Islamic finance to bridge green funding gap

Islamic finance’s framework naturally aligns with social finance, an official said.

Malaysia's private loans grew 5.5% in July

Growth of working capital loans drove up the number of business loans.

Regulators' push to curb tech outages may boost bank expenses by 20%

Banks in South and Southeast Asia must enhance tech systems or face firmer penalties.

Malaysia’s central bank fines Bank of China for unapproved system relocation

The bank reportedly failed to obtain approval before relocating the systems.

Malaysia’s outstanding loans up 6% in June

Business loans lifted overall growth, whilst household growth was slower.

Malaysia launches amended Money Services Business Act

It clarifies offenses and the punishment for illegal operators.

Malaysia float new req’s to lower costs of basic banking services

The central bank is inviting written feedback on the draft policy document.

Malaysia, South Korea renew their bilateral swap agreement

The swap arrangement can be further extended via mutual agreement.

Malaysia warns against four unauthorised companies

They have similar names to companies authorised by BNM but are not related to them.