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Bank Islam reduces rates by 25 basis points

KUALA LUMPUR, Jan 25 -- Bank Islam Malaysia Bhd will revise its Base Rate (BR) and Base Financing Rate (BFR) following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rates (OPR) by 25 basis points to 2.75 per cent from three per cent. 

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More Headlines:
Banking sector to see muted impact from possible OPR cut: MIDF
Accrual accounting will provide govt more clarity on country's financials - MIA
Turkey, Malaysia, Qatar can pioneer in Islamic finance
 

 

 

 
Ringgit retreats on concerns over coronavirus spread

KUALA LUMPUR, Jan 28 -- The ringgit closed lower today as investors stayed on the sidelines amid rising concerns over the spread of the 2019 novel coronavirus globally.



KLIBOR futures close untraded

KUALA LUMPUR, Jan 28  -- The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contracts on Bursa Malaysia Derivatives closed untraded today.



KLCI futures close lower

KUALA LUMPUR, Jan 28  -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower, tracking the weaker underlying cash market.



 
Ministry Of Finance(MOF)
Bank Negara Malaysia(BNM)
Employees Provident Fund(EPF)
Banking Info
Financial Mediation Bureau (FMB)
 

Bank Islam eyes 15 pct rise in foreign remittance volume via swift gpi service
Malaysia eyes opportunity to send Islamic banking graduates to work abroad

 
Islamic finance set to be greater contributor to planet, people, prosperity - Sultan Nazrin

Etiqa urges policyholders to update beneficiary details
Capital Life Insurance Company Limited credit ratings withdrawn - AM Best

 
Zurich Malaysia partners DoctorOnCall for digital healthcare services

CLOSING, TUESDAY, JAN 28
US4.0840/0870
S'pore3.0052/0076
100 Yen3.7526/7557
Sterling 5.3210/3258
Euro4.4985/5035
Source: Bank Negara Malaysia

Reduction in the overnight policy rate (OPR) by Bank Negara Malaysia would be good for consumer spending and investment;
Yes
No
Not sure
 
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