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KUALA LUMPUR: The higher the rate of unemployment, the higher the level of non-performing loans (NPLs). That is the simplest hypothesis to explain the hike in NPLs especially in times of crises.
MALAYSIA’S small and medium enterprises (SME) sector is expected to contribute 40% to the country’s gross domestic product (GDP) next year.
KUALA LUMPUR: Bank Negara Malaysia is finalizing revisions to guidelines against money laundering and terrorism financing.
KUALA LUMPUR: AmBank Group has garnered two awards at the Malaysian e-Payments Excellence Awards (MEEA) held here late last month.KUALA LUMPUR: AmBank Group has garnered two awards at the Malaysian e-Payments Excellence Awards (MEEA) held here late last month.
KUALA LUMUR: Bank Negara is intensifying efforts to assist first-time homebuyers by doubling its previous caps on household income and property prices to allow more to access its RM1bil fund.
MELAKA: National Higher Education Fund Corporation (PTPTN) borrowers who have been listed in the Central Credit Reference Information System (CCRIS) have no problems getting a bank loan to buy their first home, says Bank Negara Malaysia.
KUALA LUMPUR: The Pakatan Harapan government is holding to its 14th General Election’s (GE14) pledges since its historic win nearly a year ago by allocating significant resources to support the growth of small and medium enterprises (SMEs) and encouraging their technological adoption.
KUALA LUMPUR: Value-based intermediation (VBI), which focuses on creating value and impact, is set to be one of the drivers for Islamic financial institutions, Bank Negara Malaysia Assistant Governor Adnan Zaylani Mohamad Zahid says.