BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Central Banks Worldwide  »  Bank Negara Malaysia Bank Negara Malaysia Established on 26 January 1959 under the Central Bank of Malaysia Act 1958 (CBA 1958). The CBA 1958 has been repealed by the Central Bank of Malaysia Act 2009 which became effective on 25 November 2009. It is a statutory body wholly owned by the Government of Malaysia with the paid-up capital progressively increased, currently at RM100 million. The Bank reports to the Minister of Finance, Malaysia and keeps the Minister informed of matters pertaining to monetary and financial sector policies.   Among the major role of the Bank Negara Malaysia (BNM) is the prudent conduct of monetary policy, which has seen generally low and stable inflation for decades and thereby, preserving the purchasing power of the ringgit. The Bank is responsible for bringing about financial system stability and fostering a sound and progressive financial sector. The Bank actively promotes financial inclusion, which has led to improved access to financial services for all economic sectors and segments of society, thereby supporting balanced economic growth. The Bank also plays a significant developmental role, including development of financial system infrastructure with major emphasis placed on building the nation's efficient and secured payment systems as well as the necessary institutions (including Securities Commission, KLSE, now known as Bursa Malaysia and Credit Guarantee Corporation) which are important towards building a comprehensive, robust and resilient financial system. At present, BNM have 5 branches in Malaysia and have 3 overseas representative offices located at New York, London and Beijing.   Bank Negara Malaysia HQ Address: Bank Negara Malaysia Jalan Dato' Onn P.O. Box 10922 50929 Kuala Lumpur Telephone: +603 2698 8044 Facsimile: +603 2691 2990 Website: www.bnm.gov.my SWIFT Code: BNMAMYKL Currency: Ringgit Malaysia Banking Hours: Monday - Friday : 9.00am - 5.00pm   In achieving the functions as mentioned above, the Bank commits itself to providing effective support functions through a sound banking and financial control system, appropriate information system and the development of competent and qualified staff. List of banks governed by Bank Negara Malaysia: Commercial Banks Affin Bank Berhad Citibank Berhad OCBC Bank (Malaysia) Berhad Alliance Bank Malaysia Berhad Deutsche Bank (Malaysia) Berhad Public Bank Berhad AmBank (M) Berhad EON Bank Berhad RHB Bank Berhad Bangkok Bank Berhad Hong Leong Bank Berhad Standard Chartered Bank Malaysia Berhad Bank of America Malaysia Berhad HSBC Bank Malaysia Berhad Sumitomo Mitsui Banking Corp (M) Berhad Bank of China (Malaysia) Berhad ICBC (Malaysia) Berhad The Bank of Nova Scotia Berhad Bank of Tokyo-Mitsubishi UFJ Berhad J.P. Morgan Chase Bank Berhad The Royal Bank of Scotland Berhad CIMB Bank Berhad Malayan Banking Berhad United Overseas Bank (Malaysia) Berhad Islamic Banks Affin Islamic Bank Berhad Bank Muamalat Malaysia Berhad Maybank Islamic Berhad Al Rajhi Banking Corp (Malaysia) Berhad CIMB Islamic Bank Berhad OCBC Al-Amin Bank Berhad Alliance Islamic Bank Berhad EONCAP Islamic Bank Berhad Public Islamic Bank Berhad AmIslamic Bank Berhad Hong Leong Islamic Bank Berhad RHB Islamic Bank Berhad Asian Finance Bank Berhad HSBC Amanah Malaysia Berhad Standard Chartered Saadiq Berhad Bank Islam Malaysia Berhad Kuwait Finance House (M) Berhad Investment Banks Affin Investment Bank Berhad Hong Leong Investment Bank Berhad MIDF Amanah Investment Bank Berhad Alliance Investment Bank Berhad HwangDBS Investment Bank Berhad MIMB Investment Bank Berhad AmInvestment Bank Berhad KAF Investment Bank Berhad OSK Investment Bank Berhad CIMB Investment Bank Berhad Kenanga Investment Bank Berhad Public Investment Bank Berhad ECM Libra Investment Bank Berhad Maybank Investment Bank Berhad RHB Investment Bank Berhad International Islamic Banks Al Rajhi Banking & Investment Corporation PT. Bank Syariah Muamalat Indonesia, Tbk Deutsche Bank Aktiengesellschaft Unicorn International Islamic Bank Malaysia Berhad
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