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Ambank, CGC sign portfolio guarantee worth RM2.15 bln since 2015

KUALA LUMPUR, Jan 18 (Bernama) — Ambank (M) Bhd and Credit Guarantee Corporation Malaysia Bhd (CGC) have signed a total of 10 tranches of portfolio guarantee (PG) worth RM2.15 billion since their strategic partnership in 2015.

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More Headlines:
 Bank Islam expects 7-8 pct loan growth next year
Exim Bank contributes to charity home
CIMB receives outstanding capabilities awards
 

 

 

 
KLCI futures close higher

KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher for the second consecutive day today, in sync with the positive underlying cash market.



 Ringgit closes slightly higher against dollar on higher oil price

KUALA LUMPUR, Jan 18 (Bernama) -- The ringgit closed slightly higher against US dollar today backed by higher oil prices, said a dealer. 



 KLIBOR futures close untraded

KUALA LUMPUR, Jan 18 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives remained untraded today.
 
Ministry Of Finance(MOF)
Bank Negara Malaysia(BNM)
Employees Provident Fund(EPF)
Banking Info
Financial Mediation Bureau (FMB)
 

60 pct of SMEs not aware of Islamic finance facilities -- BNM
RAM reaffirms RHB Islamic's AA2/Stable/P1 ratings

 		 Standardisation is key for Islamic finance growth - CBB Director
LIAM appoints Mark O' Dell as first CEO
PIDM provides financial consumer protection

 		 AIA Public Takaful supports Race For Cover programme
CLOSING, FRIDAY, JAN 18
US4.1100/1150
S'pore3.0301/0342
100 Yen3.7507/7559
Sterling5.3179/3248
Euro4.6842/6903
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
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