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February 06, 2016 3:12 AM ET

Diversified Financial Services

Company Overview of Bank Negara Malaysia

Company Overview

Bank Negara Malaysia operates as a central bank for Malaysia. It acts as the banker for the currency issue. The company engages in keeping international reserves; adopting monetary policy and managing the financial system; and providing financial advises and banking services to the banks and government. It also operates public service centers to provide financial advisory services to members of the public and businesses. The company was founded in 1959 and is headquartered in Kuala Lumpur, Malaysia with representative offices in New York, New York; and London, the United Kingdom. It has branch offices in Pulau Pinang, Johor Bahru, Kota Kinabalu, Kuala Terengganu, Kuching, and Shah Alam, Mala...

Jalan Dato' Onn

P.O. Box 10922

Kuala Lumpur,  50929

Malaysia

Founded in 1959

2,829 Employees

Phone:

60 3 2698 8044

Fax:

60 3 2691 2990

Key Executives for Bank Negara Malaysia

Head of Administrative and Director of Specialist Risk Unit
Director of Corporate Communications, Assistant Governor and Secretary to the Board
Deputy Governor and Director
Head of Regulation & Supervision Administration Unit
Compensation as of Fiscal Year 2015.

Bank Negara Malaysia Key Developments

Bank Negara Malaysia Presents at 6th Asia Islamic Banking Conference, Aug-12-2015 12:30 PM

Bank Negara Malaysia Presents at 6th Asia Islamic Banking Conference, Aug-12-2015 12:30 PM. Venue: InterContinental hotel, kuala lumpur, Malaysia. Speakers: Akram Laldin, Deputy Chairman of Shari'ah Advisory Council.

Bank Negara Malaysia Announces executive changes, Effective May 1, 2015

Bank Negara Malaysia announced the appointment of Mohd Adhari Belal Din as Assistant Governor effective May 1, 2015. BNM said as Assistant Governor, Mohd Adhari would be responsible for the Strategic Management, Human Capital Development Centre, Information Technology Services and Strategic Human Capital Departments. Mohd Adhari would also continue as the Director of Strategic Human Capital Department. Prior to his appointment, Mohd Adhari served as the Director of the Strategic Human Capital Department, as well as, the Strategic Management and Risk Management Departments. Before joining BNM, he served as Managing Consultant with the Hay Group. Bank Negara Malaysia also announced that Assistant Governor Marzunisham Omar, who is in charge of the Economics, Monetary Policy, International and Statistical Services Departments, will be seconded to the International Monetary Fund (IMF) as Executive Director for two years effective May 1, 2015. Arising from the secondment, Assistant Governor Shaik Abdul Rasheed Abdul Ghaffour would cover this portfolio effective May 1, 2015.

Bank Negara and Bank of China Renew Bilateral Currency Swap Deal

Bank Negara Malaysia and People's Bank of China signed an agreement to renew the currency swap arrangement for another three-years, with the size maintained at MYR 90 billion (RMB 180 billion). The renewed bilateral currency swap arrangement reinforces the on ­going commitment by both central banks in promoting the use of local currencies for payment settlement. The currency swap arrangement will further reinforce the economic and financial linkages, as well as promote bilateral trade and investment flows between Malaysia and China. The original arrangement was established in 2009 and first renewed in 2012.

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