KUALA LUMPUR, July 9 — Bank Islam Malaysia Bhd, RHB Banking Group, and Public Bank Bhd have revised their standardised base rate (SBR), base rate (BR), and base financing rate (BFR), following Bank Negara Malaysia’s (BNM) decision to reduce the Overnight Policy Rate (OPR) by 25 basis points (bps), from 3.00 per cent to 2.75 per cent today.

KUALA LUMPUR, Aug 14 — Bank Islam Malaysia Bhd anticipates Malaysia’s gross domestic product (GDP) growth to reach 6.0 per cent in the second quarter (2Q) of 2024, which is slightly above the Department of Statistics Malaysia’s (DOSM) advance estimate of 5.8 per cent.

KUALA LUMPUR, Nov 10 — Bank Islam Malaysia Bhd expects Malaysia’s gross domestic product (GDP) to grow at 3.2 per cent in the third quarter of 2023 (3Q FY2023) amid resilient domestic demand despite external headwinds.

KUALA LUMPUR, May 15 — Bank Islam Malaysia Berhad today provided sponsorship worth RM10,000 for the organisation of the 2023 National Journalists' Day (Hawana) celebration which is scheduled to take place from May 27 to May 29 in Ipoh, Perak.

SHAH ALAM, Aug 15 — The Selangor State Development Corporation (PKNS) and Bank Islam Malaysia Bhd (Bank Islam) have signed a memorandum of understanding (MOU) to offer Islamic housing loans based on the Tawarruq principle.

KUALA LUMPUR, Dec 20 — Bank Islam Malaysia Bhd has been named as Malaysia’s Strongest Islamic Retail Bank for 2020 by the Cambridge International Financial Advisory (Cambridge IFA) at the sixth Islamic Retail Banking Award 2020, held virtually on December 15, 2020.

KUALA LUMPUR, Dec 10 — BIMB Holdings Bhd (BIMB) has received approval from the Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz and Bank Negara Malaysia (BNM) for its proposed internal reorganisation and distribution and capital repayment, paving the way for the listing of its subsidiary, Bank Islam Malaysia Bhd.