Zeti: A large Islamic bank will support cross-border deals


Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz launches the Global Islamic Finance Forum 2014. With her are Association of Islamic Banking Institutions Malaysia president Datuk Mohd Redza Shah Abdul Wahid (left) and Malaysia International Islamic Financial Centre promotions unit director Nik Mohamed Din Nik Musa.

KUALA LUMPUR: The creation of a mega-Islamic bank must fulfil the objectives of being able to undertake international business and facilitate cross-border financial flows, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.

She said that such a bank must also be able to support international trade and cross-border investment activity.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read