News (Financial Services)

Thursday, 22 December 2011

It was report on 22 Dec that the Bank Negara Malaysia in the second 10-year Financial Sector Blueprint will consider a more relax limit on foreign participation in local banks and issue new license to financial institutions with specialised expertise that boost the development of the financial sector. The blueprint envisages that by 2020, the size of the financial system is expected to expand from current 4.3 times of GDP to 6 times.

The recommendations of the blueprint are centred on achieving nine key areas.

Read more online.

Zeti: European banks' exposure to Malaysia below 5pct

News (Financial Services)
Monday, 19 December 2011
On 9 December 2011, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz refuted a Nomura International report that European banks' exposure to Malaysia totalled USD50 billion (RM155 billion) or about 19pct of the country's GDP. She added it was less than 5pct. Read more online

Bursa Malaysia - a slight rebound

Thursday, 14 July 2011
Bursa Malaysia - a slight rebound

Revised guidelines for corporate bonds, SUKUK

Wednesday, 13 July 2011
Revised guidelines for corporate bonds, SUKUK

Maybank, Amex celebrate milestone

Wednesday, 13 July 2011
Maybank, Amex celebrate milestone

Central Bank Chiefs Agree on Measures to Control Top Banks

Monday, 27 June 2011
Central Bank Chiefs Agree on Measures to Control Top Banks

Bahrain's Elaf Bank gets Islamic banking license in Malaysia

Thursday, 16 June 2011
Bahrain's Elaf Bank gets Islamic banking license in Malaysia

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