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HSBC named Asia's Best Bank for Sustainable Finance

KKUALA LUMPUR, July 24 (Bernama) -- HSBC was named Asia’s Best Bank for Sustainable Finance at the recent Euromoney Awards for Excellence 2018 in Hong Kong.

Improve your financial knowledge with SmartFinance.my

KUALA LUMPUR, July 23 (Bernama) -- The Financial Planning Association of Malaysia (FPAM) launched the SmartFinance.my website today to help Malaysians manage their money well.

Moody's: Malaysia's borrowing profile stable with rising use of domestic sukuk

SINGAPORE, July 23 (Bernama) -- Malaysia's efforts to create a local market for Islamic finance instruments and the increasing use of domestic sukuk, in particular to fund the country's budget deficit, are supporting the sovereign's credit quality (A3 stable rating), said Moody's Investors Service.

Khairul Kamarudin resigns as BIMB Holdings CEO

KUALA LUMPUR, July 20 (Bernama) -- BIMB Holdings Bhd announced that its Chief Executive Officer (CEO) Khairul Kamarudin has resigned with immediate effect.

Tekun Nasional and Public Gold formalise partnership

KUALA LUMPUR, July 13 (Bernama) -- The National Entrepreneurial Group Economic Fund (TEKUN Nasional) and Public Gold Marketing Sdn Bhd (Public Gold) have partnered to broaden the latter's gold product distribution channel through Ar-Rahnu TEKUN.

BNM, DBP promote usage of national language in financial sector

KUALA LUMPUR, July 12 (Bernama) --The central bank together with Dewan Bahasa dan Pustaka (DBP) recently organised the 10th ''Pertandingan Pidato antara Institusi Kewangan Piala Gabenor Bank Negara Malaysia'' to enhance, promote and implement the usage of the national language in the financial industry.

Kenanga expects BNM to maintain 3.25 pct OPR until year end

KUALA LUMPUR, July 12 (Bernama) --Kenanga Investment Bank Bhd expects Bank Negara Malaysia (BNM) to hold its Overnight Policy Rate (OPR) at 3.25 per cent until the end of the year on supportive economic growth.

Bank Negara Malaysia maintains OPR at 3.25 pct

KUALA LUMPUR, July 11 (Bernama) -- Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 3.25 per cent after the two-day Monetary Policy Committee (MPC) meeting which ended today.

BMMB targets 5-10 pct increase in gold savings account deposit this year

KUALA LUMPUR, July 10 (Bernama) -- Bank Muamalat Malaysia Bhd (BMMB) targets a 5 to 10 per cent increase in its gold savings account deposit this year, representing an increase of RM110 million compared to RM90 million last year.

Bank Rakyat forges cooperation to promote education Financing-I

KUALA LUMPUR, July 9 (Bernama) -- Bank Rakyat signed a Memorandum of Understanding (MoU) with Universiti Malaysia Pahang (UMP), AKATI Consulting (M) Sdn Bhd, Admal Aviation College and Kolej Poly-Tech MARA (KPTM) for prospective students to finance their higher education studies.

Moody's: Malaysia's borrowing profile stable with rising use of domestic sukuk
Khairul Kamarudin resigns as BIMB Holdings CEO

 
BNM, DBP promote usage of national language in financial sector

Moody's: Malaysia's borrowing profile stable with rising use of domestic sukuk
Khairul Kamarudin resigns as BIMB Holdings CEO

 
BNM, DBP promote usage of national language in financial sector

CLOSING, TUESDAY, AUG 14
US 4.0950/1000
S'pore2.9795/9851
100 Yen3.6909/6964
Sterling5.2330/2410
Euro4.6699/6769
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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