The minimum total capital requirement for banks will increase 9% from 1 July 2024. Banks will also be expected to hold a ‘Prudential Capital Buffer'.
June 18, 2021Financial institutions will be expected to incentivise borrowers to decarbonise through loan terms and preferential interest rates.
April 29, 2021Toss Bank was awarded a preliminary licence to operate an internet-only bank in December 2019. It plans to launch operations in mid-2021.
February 8, 2021BNM has set out its expectations for DFIs' business plans and funding requirements, to enable them to achieve greater developmental outcomes and support the private sector.
January 21, 2020