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Corporate News 04 Oct 2017 | 12:00 AM

Bank Negara working on financial literacy roadmap

PETALING JAYA: Bank Negara is currently developing a five-year national strategy with the aim of elevating financial literacy among Malaysians.

Investment 03 Oct 2017 | 6:13 AM

Financial education crucial to plan for the future, says BNM deputy governor

KUALA LUMPUR: Financial education is crucial to encourage consumers to better manage their finances, plan for the future and manage risks associated to financial matters, says Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour .

Corporate News 22 Jan 2019 | 12:00 AM

Panel urges end to financial monopoly

Asian group makes three recommendations to boost financial stability

Banking 27 Sep 2018 | 12:00 AM

Bank Negara: Financial system resilient even under severe stress

KUALA LUMPUR: Malaysia’s financial system is expected to remain resilient under severe macroeconomic and financial strains, with financial institutions maintaining capital buffers in excess of regulatory minima even under adverse scenarios, says Bank Negara.

Banking 15 May 2018 | 2:52 PM

Onshore financial markets remain stable, says Financial Markets Committee

KUALA LUMPUR: Malaysia’s onshore financial markets remain stable and orderly when they reopened on Monday after the 14th General Election, says the Financial Markets Committee (FMC).

Corporate News 02 May 2018 | 11:02 PM

UAE joins Malaysia and others in alerting investors not to deal with Financial.org

ABU DHABI: The United Arab Emirates' securities regulator on Wednesday warned investors not to deal with Financial.org, an unregulated British company that has attracted investors from countries across Asia and the Gulf.

Corporate News 17 Feb 2018 | 2:02 AM

Rigorous screening for new hires in financial industry

KUALA LUMPUR: Bank Negara Malaysia (BNM) will soon require financial institutions to undertake rigorous screening for their new hires as integrity is critical in enhancing confidence in the financial system.

Business 01 May 2018 | 12:00 AM

Baidu to sell majority of financial services unit for US$1.9bil

BENGALURU: China’s Baidu Inc said it will sell a majority stake in its financial services business for about US$1.9bil to a consortium led by TPG Capital Management LP and Carlyle Group LP, as it seeks funding to take on established fintech firms in China.

Banking 04 Jan 2018 | 12:00 AM

MoneyGram deal collapse may force a rethink at Ant Financial

SAN FRANCISCO: Ant Financial may have to re-tool its global ambitions after stiff US opposition scuppered what would have been its largest overseas acquisition.

Banking 27 Sep 2017 | 4:26 AM

BNM Governor to open financial crime and terrorism financing conference

KUALA LUMPUR: Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim will deliver the keynote speech at the 9th International Conference on Financial Crime and Terrorism Financing (IFCTF).