Bank Shares Mixed In Early Trade Following BNM OPR Cut
KUALA LUMPUR, July 10 (Bernama) -- Bank shares were mixed in early trade today as Bank Negara Malaysia’s (BNM) interest rate cut exerted immediate pressure on banks’ net interest margins (NIM).
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Bank Islam, RHB, Affin Bank And Public Bank Announce Reduction In Rates
KUALA LUMPUR, July 9 (Bernama) -- Bank Islam Malaysia Bhd, RHB Banking Group and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR) and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.
Khazanah Eyes AI Deals With French, Italian Sovereign Funds
KUALA LUMPUR, July 8 (Bernama) -- Khazanah Nasional Bhd has held a series of productive meetings with the French and Italian sovereign wealth funds to explore cross-border collaboration, particularly in the field of artificial intelligence (AI).
Bank Negara's International Reserves Rise To US$120.6 Bln
KUALA LUMPUR, July 7 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) rose to US$120.6 billion (US$1=RM4.20) as of June 30, 2025, up from US$119.9 billion recorded on June 13, 2025.
Kenanga IB Launches Structured Warrants Linked To Hang Seng Indices On Bursa Malaysia
KUALA LUMPUR, July 7 (Bernama) -- Kenanga Investment Bank Bhd has launched a new suite of structured warrants on Bursa Malaysia today, offering Malaysian investors direct access to global markets through exposure to two of Hong Kong’s leading Hang Seng equity benchmarks.
HLIB Sees BNM Cutting OPR By 25 Bps In 2H 2025
KUALA LUMPUR, July 1 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain a cautious stance and cut the overnight policy rate (OPR) by 25 basis points in the second half of 2025, Hong Leong Investment Bank Bhd (HLIB) said, citing mixed monetary signals, persistent trade policy uncertainty, and subdued inflation.
ASB 3 Didik Declares Income Distribution Of 5.25 Sen Per Unit
KUALA LUMPUR, June 30 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution payout of RM423 million for its fixed price fund Amanah Saham Bumiputera 3 Didik (ASB 3 Didik) for the financial year ending June 30, 2025.
BNM: Malaysia’s Official Reserves Assets At US$119.59 Bln As Of End-May 2025
KUALA LUMPUR, June 30 (Bernama) -- Malaysia’s official reserve assets amounted to US$119.59 billion (US$1= RM4.21) as of end-May 2025, while other foreign currency assets stood at US$955.2 million, according to Bank Negara Malaysia (BNM).
Expensify Expands Global Reach With New International Features
KUALA LUMPUR, June 26 (Bernama) -- Expensify Inc, a financial management superapp, has announced a major expansion of its international capabilities, enhancing support for global users across expenses, travel, and corporate card management.
Agrobank Targets 70,000 New Accounts Under Mega Million 2.0 Campaign
MELAKA, June 24 (Bernama) -- Agrobank is targeting 70,000 new accounts and RM350 million in deposits under its Mega Million 2.0 campaign, launched in November last year.
BNM's International Reserves Rise To US$119.9 Bln
KUALA LUMPUR, June 20 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$119.9 billion (US$1=RM4.24) as at June 13, 2025, from US$119.60 billion recorded as at May 30, 2025.
Zurich Launches Takaful Proaspire With Flexible Protection, Savings Plan
KUALA LUMPUR, June 11 (Bernama) -- Zurich Takaful Malaysia Bhd today launched Takaful ProAspire, a family takaful plan that offers a combination of protection and savings, allowing participants to receive cash returns annually or every three years.