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KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has urged small and medium enterprises (SMEs) and those who are facing difficulties in repaying their loans once the moratorium ends on Sept 30,2020 to discuss with and seek advice from their banks.
KUALA LUMPUR: Bank Negara Malaysia (BNM) is closely monitoring the operations of Wirecard Payment Solutions Malaysia Sdn Bhd (Wirecard MY) to ensure that it will continue to fully meet its settlement obligations to merchants in Malaysia.
KUALA LUMPUR: Malaysia's central bank is expected to cut interest rates to a historic low next week, according to a slim majority in a Reuters poll, as it seeks to protect Southeast Asia's third largest economy from the fallout of the coronavirus pandemic.
KUALA LUMPUR: Bank Negara Malaysia is closely monitoring the operations of Wirecard Payment Solutions Malaysia Sdn Bhd (Wirecard MY) to ensure the latter will continue to fully meet its settlement obligations to merchants in Malaysia.
KUALA LUMPUR (Bernama): According to an online poll conducted by the Credit Counselling and Debt Management Agency (AKPK), 88% or 1,648 of 1,873 respondents, opted for the deferment of financial repayments under the moratorium introduced by Bank Negara.
PETALING JAYA: Development financial institutions (DFIs) should be assessed beyond financial performance, by looking at the deliverables of their mandated role.
KUALA LUMPUR: AIG Malaysia Insurance Bhd chief executive officer (CEO) Antony Lee was re-elected chairman of the board of Persatuan Insurans Am Malaysia (PIAM) for 2020 to 2022.