News Archive
After the recent increase of fuel, electricity and sugar prices in Malaysia, Maybank Investment Bank (IB) Research has forecasted that petrol price will be hiked again in 2014. The timing and the amount of the hike is still uncertain. “The timing and quantum …
Tan Sri Dato Dr Zeti Akhtar Aziz made a statement in a forum today that Bank Negara will maintains the maximum personal loan period to be at 10 years. Zeti has compared personal loans wordwide which have 10 years maximum repayment. The 10 …
Bank Negara Malaysia announced on 19th March 2014 that the BLR(Base Lending Rate) structure is to be replaced with a new BR (Base rate) system where banks in Malaysia can freely adjust their interest rates without intervention from Bank Negara. Financial instituitions such …
OCBC Al-Amin Cash Financing-i OCBC Cash Financing-i is part of OCBC’s Shariah Islamic compliant financing product. The loan is based on Bai’ al-‘Inah where loan is given out based on sale and purchase concept. This personal financing requires no guarantor and collateral while …
Personal loan is one of the most convenient way to secure money in Malaysia.Various banks and financial institutions are giving out personal loans. Most of the personal loans in Malaysia are in form of unsecured loans where no collateral and guarantor is needed. …