Tag: Banking
Ambank Aids SMEs Via Strategic Partnership With PUMM
AmBank has formed a strategic two-year partnership with Persatuan Usahawan Maju Malaysian (PUMM) to enhance financial awareness and provide financing solutions for small and medium enterprises. The collaboration aims to empower over 3,000 business owners from various sectors by offering specialized banking products and tools.
Bank Negara raises OPR by 25bps to 2.5%, as expected
Bank Negara Malaysia's Monetary Policy Committee raised the overnight policy rate by 25 basis points to 2.5%, in line with economists' expectations. This is the third consecutive rate hike this year, bringing the total increase to 75 basis points as the country's economic growth and inflation gain momentum.
Maybank to facilitate the trading of shariah-compliant securities on Bursa under the ISSBNT framework
Maybank Investment Bank becomes a key user and supplier in Bursa Malaysia's Islamic Securities Selling and Buying Negotiated Transaction framework, enabling Shariah-compliant trading and risk management for market participants.
