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60 pct of SMEs not aware of Islamic finance facilities -- BNM

KUALA LUMPUR, Jan 14 (Bernama) – Almost 60 per cent of the Small and Medium Enterprises (SMEs) are not aware of the availability of Islamic business financing facilities, said Bank Negara Malaysia (BNM) Assistant Governor, Adnan Zayla­­­ni Mohamad Zahid.


OCBC introduces onelook app for iPhone X customers

We are ever on the lookout for new ways to deliver a simpler, more secure and superior banking experience to our customers.


MIDF, Al Rajhi gets BNM's nod for merger discussions

KUALA LUMPUR, Jan 10 (Bernama) -- Malaysian Industrial Development Finance Bhd (MIDF) has received the green light from Bank Negara Malaysia (BNM) to proceed with negotiations on a proposed merger with Al Rajhi Banking & Investment Corporation (Malaysia) Bhd.


Instill investor confidence to sustain growth, says Wahid Omar
60 pct of SMEs not aware of Islamic finance facilities -- BNM

 
RAM reaffirms RHB Islamic's AA2/Stable/P1 ratings

Zurich Malaysia relocates insurance, takaful branches to Bukit Damansara
LIAM appoints Mark O' Dell as first CEO

 
PIDM provides financial consumer protection

CLOSING, FRIDAY, FEB 15
US4.0870/0900
S'pore 3.0082/0116
100 Yen3.7013/7050
Sterling5.2354/2409
Euro4.6110/6152
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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