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CGC Awards 2024 Celebrates 30 Years Of Empowering MSMEs 

KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.

Financial Sector Must Play Key Role In Enabling SMEs In Strategic Growth Sectors -- BNM Governor

KUALA LUMPUR, July 31 (Bernama) -- As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to participate meaningfully in strategic growth sectors, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Bank Islam Appoints New Group CFO Effective Aug 1

KUALA LUMPUR, July 31 (Bernama) -- Bank Islam Malaysia Bhd has appointed Siti Nur Huda Sufian as group chief financial officer (CFO) effective Aug 1, 2025 to succeed Azizan Abd Aziz.

Public Mutual Declares Distribution Of Over RM90 Mln For Seven funds

KUALA LUMPUR, July 31 (Bernama) -- Public Bank Bhd’s wholly owned subsidiary Public Mutual has declared distributions amounting to more than RM90 million for seven funds as at July 31, 2025.

BNM Imposes Penalties On BIMB, Bank Rakyat And BSN For Non-compliance

KUALA LUMPUR, July 30 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty (AMP) totalling RM3.445 million on Bank Islam Malaysia Bhd (BIMB) for non-compliance with the Islamic Financial Services Act 2013 (IFSA) and the relevant policy documents.

UEM Sunrise Completes RM500 Mln Islamic Medium-term Notes Issuance

KUALA LUMPUR, July 30 (Bernama) -- UEM Sunrise Bhd has completed the issuance of Islamic medium-term notes (IMTNs) worth RM500 million under its existing IMTN programme.

PT Bank CIMB Niaga Reports Consolidated Pre-Tax Profit Of IDR4.4 Trillion In 1H2025

KUALA LUMPUR, July 30 (Bernama) -- PT Bank CIMB Niaga Tbk has reported an unaudited consolidated pre-tax profit of IDR4.4 trillion in the first half of 2025 ended June 30, 2025 (1H2025), translating to an earnings per share of IDR137.43

Bank Islam Issues Ninth Tranche Of RM1 Bln Senior Sukuk Murabahah

KUALA LUMPUR, July 29 (Bernama) -- Bank Islam Malaysia Bhd has issued RM1.0 billion Senior Sukuk Murabahah under its RM10.0 billion Sukuk Murabahah Programme on July 25.

Short-Term Interbank Rates Close Steady On BNM Operations

KUALA LUMPUR, July 25 (Bernama) -- Short-term interbank rates ended steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

Bank Islam Sees Short-term Economic Boost From Govt Fiscal Package

KUALA LUMPUR, July 24 (Bernama) -- The government's special announcement on direct fiscal measures are expected to have short- to medium-term impact on the country’s economy, particularly in private consumption, inflation, and fiscal conditions, according to Bank Islam Malaysia Bhd (BIMB).

CGC Enhances Financing Features Under BizJamin MTC, BizJamin-i MTC Schemes To Support MTCs

KUALA LUMPUR, July 23 (Bernama) --  Credit Guarantee Corporation Malaysia Bhd (CGC) has enhanced its financing feature under the BizJamin MTC and BizJamin-i MTC schemes, now allowing mid-tier companies (MTCs) to apply for financing amounts between RM1 million and RM5 million.

IILM’s US$800 Mln Short-term Sukuk Oversubscribed 2.3 Times

KUALA LUMPUR, July 22 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$800 million (US$1=RM4.23) in short-term sukuk across three tenors, with the offering oversubscribed by 2.3 times.