Assessment for digital banks in line with law, no plans to issue more licences  

By Sharifah Pirdaus Syed Ali KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus, in an exclusive interview with Bernama, shares more details on the assessment and selection of the five consortia for digital bank licences. Bernama: Why is BNM opening the doors to digital banks? Given that incumbent banks have […]

Economic activity to improve in 2H 2020

KUALA LUMPUR: Malaysia’s economic activity is expected to gradually improve in the second half of the year (2H 2020) after Covid-19 containment measures are eased and the domestic movement control order (MCO) is lifted, said Bank Negara Malaysia (BNM). BNM governor Datuk Nor Shamsiah Mohd Yunus said that would allow a gradual resumption of economic activities in […]