13d 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.
13d 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.
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.
5m 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.
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.
6m ago
KUALA LUMPUR, Sept 16 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) has launched the Malaysia Micro Entrepreneur Forum 2025 (MyMikro'25) as a strategic platform to strengthen the financial resilience and enhance the competitiveness of local entrepreneurs.
7m ago
KUALA LUMPUR, Aug 15 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) has introduced a free financial management service to assist policyholders affected by premium increases for their medical and health insurance and takaful (MHIT) plans.
8m ago
KUALA LUMPUR, July 29 (Bernama) -- Malaysia’s household debt stood at RM1.65 trillion as of the end of March 2025, equivalent to 84.3 per cent of the nation’s gross domestic product (GDP).
9m ago
TAWAU, July 5 (Bernama) -- Bank Muamalat Malaysia Berhad is advancing Islamic finance to drive socioeconomic development through various social finance initiatives, said its president and chief executive officer, Khairul Kamarudin.
9m ago
KUALA LUMPUR, June 30 (Bernama) -- CIMB Group Holdings Bhd today announced a commitment of RM200 million over the next five years (2026 to 2030) under its “Kita Bagi Jadi Komuniti” (KBJK) platform to advance customers and society.
9m ago
KUALA LUMPUR, June 16 (Bernama) — The launch of Bank Simpanan Nasional's (BSN) Micro MADANI Carnival at Pasar Payang, Kuala Terengganu is an inclusive, community-focused initiative to empower micro-entrepreneurs and to support local economic growth.