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WHEN Bank Negara hosted a media briefing on Wednesday for the release of its 2013 annual report, there was naturally quite a number of overnight policy rate (OPR)-centric questions.
PETALING JAYA: In its first official comment on the wide-reaching Financial Services Act 2013 (FSA), Bank Negara has said that the new legislation is aimed at furthering financial stability, supporting inclusive growth in the financial system and the economy, and providing adequate protection for consumers.
PETALING JAYA: Although the benchmark on financial stress of the banking sector is on the rise, any potential risk in the financial market will be cushioned by the favourable outlook of the economy and presence of large institutional investors, according to Bank Negara.
KUALA LUMPUR: Bank Negara has yet to determine whether a local financial institution involved in the transfer of funds into accounts purportedly owned by the Prime Minister breached regulations.
KUALA LUMPUR: Bank Negara Malaysia has given its approval for the talks to merge Malaysian Industrial Development Finance Bhd (MIDF) with Al Rajhi Banking & Investment Corporation (Malaysia) Bhd.