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banking system

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[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar

[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar

It is important to note that earlier MCC-based systems were often undermined by those in control of existing international banking system.
Mon Sep 16 2024
[COLUMNIST] Exploring an alternative payment settlements system

[COLUMNIST] Exploring an alternative payment settlements system

The Asean version combines the best of both worlds, i.e., both SWIFT and TARGET2.
Thu Apr 13 2023
Malaysia's banking system remained well-capitalised in 2H22 - BNM

Malaysia's banking system remained well-capitalised in 2H22 - BNM

The report said returns on assets and equity of the banking system correspondingly improved to 1.4 per cent and 12.4 per cent respectively.
Wed Mar 29 2023
BNM: Malaysia's banking system continues to maintain healthy liquidity

BNM: Malaysia's banking system continues to maintain healthy liquidity

The banking system continued to maintain healthy liquidity and funding positions, recording an aggregate liquidity coverage ratio of 148.4 pct.
Fri Jul 29 2022
[COLUMNIST] Food security is not for everyone under the present system

[COLUMNIST] Food security is not for everyone under the present system

The debt burden that arises in society is directly from the operation of the banking system that supplies the debt.
Fri Jun 10 2022
Move by Bank Negara not to peg the ringgit pragmatic

Move by Bank Negara not to peg the ringgit pragmatic

Bank Negara Malaysia's move not to peg the ringgit despite the Malaysian currency's present weakness is bold and pragmatic given the well-capitalised banking system.
Sun May 15 2022
BNM: Malaysia's banking system remains well-positioned to support economic recovery

BNM: Malaysia's banking system remains well-positioned to support economic recovery

Malaysia's banking system remains well-positioned to support economic recovery, said Bank Negara Malaysia (BNM).
Fri Apr 29 2022
Inflation - An inevitability in a debt-based system using fiat money

Inflation - An inevitability in a debt-based system using fiat money

Controlling inflation can be tricky when the monetary system uses fiat money because of the ability of the modern banking system to create currency out of thin air when lending money.
Wed Feb 09 2022
Banks disburse RM120 billion for SMEs in H1 2020 - BNM

Banks disburse RM120 billion for SMEs in H1 2020 - BNM

The banking system as a whole disbursed RM120 billion in lending and financing to small and medium enterprises (SMEs) in the first half (H1) of 2020.
Wed Oct 14 2020
Nomura Research not bullish on Malaysian banks

Nomura Research not bullish on Malaysian banks

Nomura Research places Malaysian banks to be the least attractive among key Southeast Asian banks. They placed the Philippines' banks, Thailand, Indonesia, Singapore and Malaysia in that order
Tue Nov 21 2017
Zahid: Islamic banking assets now at 27 PCT of Malaysia total banking system

Zahid: Islamic banking assets now at 27 PCT of Malaysia total banking system

Islamic banking assets now stand at 27 per cent of Malaysia's total banking system, while Takaful penetration amounts to 14.8 per cent of the population, said Datuk Seri Ahmad Zahid Hamidi.
Mon Nov 21 2016
Saudi Arabia tells foreign banks to publicly disclose finances

Saudi Arabia tells foreign banks to publicly disclose finances

Saudi Arabia is telling international banks to publicly disclose financial statements for the first time as the kingdoms regulator seeks to boost transparency.
Sun Mar 20 2016
Sale of energy assets by 1MDB has no impact on market, says Zeti

Sale of energy assets by 1MDB has no impact on market, says Zeti

Zeti said Malaysia's banking system was sound and solid with huge capital buffer and low impaired loan of 1.5 per cent.
Tue Dec 01 2015
MAS: Singapore banks face risk from weaker credit, FX moves

MAS: Singapore banks face risk from weaker credit, FX moves

Weaker corporate balance sheets and currency market volatility pose risks to Singapore lenders, though the local banking system remains resilient, the Monetary Authority of Singapore said Friday.
Fri Nov 27 2015
Banking system well-capitalised, reports steady profit amidst competition

Banking system well-capitalised, reports steady profit amidst competition

As at end August 2015, 3 main indicators -- the common equity tier 1 (CET1), tier 1 capital ratio and total capital ratio -- stood at 12.1 percent, 12.7 percent and 14.8 percent, respectively.
Fri Oct 23 2015
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024