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BNM Annual Report 2020
Corporate
Malaysia
BNM Annual Report 2020
By
theedgemarkets.com
/
theedgemarkets.com
31 Mar 2021, 10:00 am
Get the key takeaways of the BNM Annual Report 2020 here.
Malaysian banks and corporates bought more overseas assets in 2020
BNM Governor: Comprehensive labour policies needed to support recovery from Covid-19 crisis
Credit costs expected to begin normalising in 2H21
BNM: Banking system capitalisation remains strong
BNM warns of unsold properties remaining at elevated level
Malaysia's household debt-to-GDP ratio at new peak of 93.3% as at December 2020, says BNM
BNM: Downward pressure on banks’ earnings likely to persist in 2021, but less severe impact
Online retail sales almost doubled during pandemic, says BNM
BNM: Malaysia’s external debt increased to RM985.5b in 2020
BNM: ‘Inflation spike does not warrant a monetary response’
Banks in Malaysia are financially healthy according to BNM’s checklist
BNM: Malaysia’s 2020 financial account recorded higher net outflow at RM79.1b as FDI inflow moderated
Monetary policy in 2021 will remain accommodative, says BNM
BNM: Malaysia's 2021 GDP growth likely closer to lower range of 6% to 7.5% forecast if downside risks materialise
BNM: No immediate plans to issue central bank digital currency
Bank Negara warns against pandemic complacency
BNM to release five-year plan for financial sector in 2022
BNM to issue up to five licences for digital banks by 1Q22
BNM liberalises foreign exchange policy to attract FDI into Malaysia and foster conducive environment
Private consumption dropped by 4.3% in 2020 but expected to rebound 8% in 2021
Cash was king in 2020, hitting highest annual growth in 10 years — BNM
Malaysia’s 2021 GDP growth projected at between 6% and 7.5%
BNM: Cost-push factors to spur Malaysia's inflation at 2.5%-4% in 2021
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