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Malaysian banks well placed to manage weakening economy, outlook stable

KUALA LUMPUR, May 22 (Bernama) -- Moody's Investors Service says that its outlook for the Malaysian banking system remains stable, as strong loss-absorbing buffers should mitigate a potential rise in credit costs and moderating profitability over the next 12 to 18 months. 

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More Headlines:
Malaysia on right track to be global Islamic finance hub: Amiruddin
AmBank, CGC launch RM30 mln financing for start-ups
Bank Islam expects 7-8 pct loan growth next year
 

 

 

 
Gold futures untraded in early session

KUALA LUMPUR, March 23 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives were untraded this morning on lack of demand, a dealer said.



KLCI futures lower in early trade

KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives was lower in early trade weighed by the weaker cash market.



Bursa Malaysia opens lower on external market uncertainties

KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia opened lower weighed by the ongoing external market uncertainties. 



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

Bank Muamalat fetes underprivileged and physically challenged children
Ez-Zakat Muamalat facilitates zakat obligation

 
Use Bank Islam SnapNPay for fast wakaf contribution

Hong Kong’s health insurance sector needs further development - AM Best
Insurance Associations to raise awareness of Perlindungan Tenang

 
Public Mutual launches PB Global Technology and Healthcare Fund

OPENING, THURSDAY, MAY 23
US4.1900/1930
S'pore3.0358/0384
100 Yen3.8032/8070
Sterling5.3004/3058
Euro4.6723/6765
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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