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Banks Have Enough Notes For CNY - ABM

KUALA LUMPUR, Feb 15 (Bernama) --†The Association of Banks in Malaysia's (ABM) members have sufficient supply of banknotes†for the Chinese New Year (CNY) celebration.

Malaysia To Share Islamic Finance Experience With West African States

From Mohd Nasir Yusoff

DAKAR (Senegal), Feb 13 (Bernama) -- Malaysia has been invited Malaysia to the Fifth International Islamic Finance Forum West Africa 2018 here on March 19-20 to share its experience in Islamic finance.

Affin Islamic Keen On Green Technology, Renewable Energy Financing

KUALA LUMPUR, Feb 7 (Bernama) -- Affin lslamic Bank Bhd is keen on exploring more financing opportunities in the fields of green technology and renewable energy, says Chief Executive Officer, Nazlee Khalifah.

Malaysia Will Continue To Deliver Robust Growth: World Bank

KUALA LUMPUR, Feb 7 (Bernama) -- Malaysia will continue to deliver robust growth, well-backed by its diversified economy, a wide range of reform initiatives and strong macroeconomic policy frameworks to withstand external shocks, said World Bank Group.

AmBank Group Bags Best Investor Relations Banking Group 2017

KUALA LUMPUR, Feb 5 (Bernama) -- AMMB Holdings Bhd (AmBank Group) has been named 'Best Investor Relations Banking Group Malaysia 2017' by the Global Banking & Finance Review (GBFR) in an annual poll.

Bank Muamalat Clarifies New Rates

KUALA LUMPUR, Feb 2 (Bernama) --†Bank Muamalat†clarifies that in line with Bank Negara†Malaysia's decision to increase the overnight policy rate to 3.25 per cent, effective Feb 6, 2018, it would increase its base rate (BR) from 3.75 per cent to 3.95 per cent per annum, and not 4.00 per cent as announced earlier.

Hong Leong Bank Announces Increase In Base Rate

KUALA LUMPUR, Jan 29 (Bernama) -- Hong Leong Bank Bhd and its wholly-owned subsidiary, Hong Leong Islamic Bank Bhd have increased their Base Rate / Islamic Base Rate (BR) and Fixed Deposit Rate/Fixed Deposit-i Rate by 0.25 per cent, effective Jan 30, 2018.

OCBC To Raise Lending And FD Rates By 0.25 Pct

KUALA LUMPUR, Jan 29 (Bernama) -- OCBC Bank (Malaysia) Bhd and its subsidiary, OCBC Al-Amin Bank Bhd, will increase the base rate, base lending rate (BLR) and base financing rate (BFR) by 0.25 per cent, effective Feb 2, 2018.

CIMB To Increase Base Rate, Fixed Deposit Board Rates, BLR And BFR

KUALA LUMPUR, Jan 26 (Bernama) -- In response to Bank Negara Malaysia's (BNM) overnight policy rate (OPR) increase from 3.00 per cent to 3.25 per cent, CIMB Bank Bhd and CIMB Islamic Bank Bhd today announced corresponding increases in its Base Rate and Fixed Deposit Board Rates by 0.25 per cent.

Standard Chartered Sees Malaysia's GDP Moderating In 2018

KUALA LUMPUR, Jan 25 (Bernama) -- Malaysia's Gross Domestic Product (GDP) is expected to moderate to 5.3 per cent this year from 6.0 per cent in 2017 supported by strong private consumption, said Standard Chartered Bank.

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Bank Islam Launches Sadaqa House
RAM Ratings Withdraws AmBank Islamic's Issue Rating

Ram Ratings Reaffirms Maybank Islamic's AAA/Stable/P1 Ratings

Axa Affin General Insurance Wins 5 Awards At World HRD Congress 2018
Life Insurance Industry Records Strong Growth In 2017

Provident Insurance's Credit Ratings Remain Unchanged - A.M. Best

US 3.9030/9080
S'pore 2.9544/9597
100 Yen 3.6507/6564
Sterling 5.4431/4521
Euro 4.8030/8104
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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