9d ago
KUALA LUMPUR, March 31 (Bernama) -- The overall credit quality of business borrowings improved in the second half (2H) of 2025 with no notable divergence in trends across segments and sectors as shares of impaired loans and loans with increased credit risk for overall businesses improved to 2.8 per cent and 10.7 per cent, respectively.
9d ago
KUALA LUMPUR, March 31 (Bernama) -- Household borrowings remained sound at end-2025, supported by strong debt-servicing capacity and a healthy labour market, with the loan impairment ratio stable at 1.0 per cent, Bank Negara Malaysia (BNM) said.
24d ago
By Adnan Zaylani
There is a growing realisation across Malaysia that financial literacy is no longer a luxury skill reserved for financially savvy individuals. It is fast becoming a necessity for every household, student, worker, entrepreneur and retiree.
1m ago
KUALA LUMPUR, March 2 (Bernama) -- The government will ensure that the objectives of public financial management under the Public Finance and Fiscal Responsibility Act 2023 (Act 850) are translated into better fiscal outcomes through the strengthening of a rules-based governance framework to improve transparency and accountability, said the Ministry of Finance (MoF).
2m ago
KUALA LUMPUR, Jan 22 (Bernama) -- The government has succeeded in slowing the growth of debt service charges (DSC) in 2025 to 6.4 per cent, compared with 12.3 per cent in 2023 and nine per cent in 2024, as a result of the implementation of fiscal reform measures and prudent debt management.
4m ago
KUALA LUMPUR, Dec 5 (Bernama) -- The contract structure and operations of companies offering ‘Buy Now Pay Later’ (BNPL) services need to be examined carefully to obtain a clear picture of the Shariah compliance status of such transactions.
4m ago
KUALA LUMPUR, Dec 4 (Bernama) -- The Malaysian public still lacks an in-depth understanding of the technical aspects and principles related to Islamic finance, according to the 2025 Islamic Financial Literacy Index survey.
4m ago
KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.
4m ago
GEORGE TOWN, Nov 16 (Bernama) -- Bank Negara Malaysia (BNM), together with enforcement agencies, will continue to strengthen the digital security system and expedite action through the National Scam Response Centre (NSRC) to ensure that financial fraud can be combated.
4m ago
KUALA LUMPUR, Nov 11 (Bernama) -- The revised Fair Treatment of Financial Consumers (FTFC) policy document will enable financial service providers (FSP) to take appropriate action to understand vulnerable consumers better and provide the necessary assistance, said Bank Negara Malaysia (BNM) spokesperson.
5m ago
KUALA LUMPUR, Nov 4 (Bernama) -- Public Sector Home Financing Board (LPPSA) has secured RM1 billion in funding from HSBC Amanah Malaysia Bhd to provide home financing specifically for civil servants.
6m ago
KUALA LUMPUR, Oct 4 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) has launched Siri BUDI, a four-volume Malay-language financial guide to strengthen money management among Malaysians from youth to retirement.