Read More 2 minute read BBank News Bank Negara Slashes OPR By 50 Basis Points To 2.0%byJacie Tan5th May 2020 Bank Negara Malaysia (BNM) has reduced its overnight policy rate (OPR) by 50 basis points from 2.5% to…
Read More 2 minute read PPersonal Finance News Bank Negara Malaysia Ensures Sufficient Ringgit Liquidity In Onshore MarketbyJacie Tan20th April 2020 Bank Negara Malaysia (BNM) has reiterated its commitment to ensuring there is sufficient ringgit liquidity in the onshore…
Read More 2 minute read BBank News Citi Malaysia Offers Automatic Moratorium With No Compounded InterestbyAlex Cheong31st March 2020 Citi Malaysia has announced that it will be waiving the compounded interest for conventional loans during the upcoming…
Read More 1 minute read BBank News Alliance Bank Is The Latest Bank To Announce No Compound Interest On Loans For MoratoriumbyJacie Tan27th March 2020 Alliance Bank has announced that interest on its conventional loans for individual and SME customers will not be…
Read More 2 minute read BBank News Maybank: No Compounding Interest For Individual, SME, And Corporate Loans During MoratoriumbyJacie Tan27th March 2020 Maybank has also decided that it will not be compounding interest for loans during the moratorium period. All…
Read More 1 minute read BBank News RHB Will Also Not Charge Compound Interest During The 6-Month MoratoriumbyJacie Tan27th March 2020 RHB Banking Group (RHB) has announced that it will not be compounding interest during the 6-month moratorium laid…
Read More 2 minute read BBank News HSBC Malaysia Will Not Be Compounding Interest On Loans During Moratorium PeriodbyJacie Tan26th March 2020 HSBC Malaysia has announced that it will not be compounding the interest charged for its loans during the…
Read More 7 minute read PPersonal Finance News Bank Negara Releases FAQ On Loan Deferment MeasuresbyThe RinggitPlus Team25th March 2020 Bank Negara Malaysia has announced several loan repayment deferment measures for households and small and medium-sized enterprises (SMEs)…
Read More 2 minute read CCredit Card News Outstanding Credit Card Balances To Be Converted To 13% p.a. Term LoansbyJacie Tan25th March 2020 Banks will convert outstanding credit card balances into 3-year term loans with a 13% p.a. interest rate to…
Read More 2 minute read BBank News BNM: Essential Financial Services Including ATMs To Remain Accessible To AllbyJacie Tan23rd March 2020 Bank Negara Malaysia (BNM) has assured the Malaysian public that essential financial services will remain accessible to all…