KUALA LUMPUR: Bank Negara has extended the flexibility for banking institutions to use the Malaysian Government Securities (MGS) and Malaysian Government Investment Issues (MGII) to meet the Statutory Reserve Requirement (SRR) compliance until Dec 31,2022.
“This flexibility, which was previously announced on May 5,2020, is currently applicable until May 31,2021, ” it said in a statement.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!