Bank Negara bấng di Malaysia
Bank Negara Malaysia (the Central Bank of Malaysia), is a statutory body which
started operations on 26 January 1959. Bank Negara Malaysia is governed by the
Central Bank of Malaysia Act 2009. The role of Bank Negara Malaysia is to promote
monetary and financial stability. This is aimed at providing a conducive environment
for the sustainable growth of the Malaysian economy.
Bank Negara Malaysia’s monetary policy stance is to maintain price stability while
remaining supportive of growth. Bank Negara Malaysia is also responsible for
financial system stability. This is achieved by developing a sound, resilient,
progressive and diversified financial sector which serves to support the sectors of
the real economy. It also plays an important function in implementing initiatives to
deepen and strengthen the financial markets, including the foreign exchange
market.
Bank Negara Malaysia has played a significant developmental role in developing the
financial system infrastructure in advancing the financial inclusion agenda. This is to
ensure all economic sectors and segments of the society have access to financial
services. In addition, Bank Negara Malaysia also oversees the nation’s payment
systems infrastructure which emphasize on the efficiency and security of the
financial systems.
As the banker and adviser to the Government, Bank Negara Malaysia provides
advice on macroeconomic policies and the management of public debt. Bank
Negara Malaysia is also the sole authority in issuing the national currency and in
managing the country's international reserves.
OBJECTIVE OF BANK NEGARA:
To issue currency and keep reserves safeguarding the value of the currency;
To act as a banker and financial adviser to the Government;
To promote monetary stability and a sound financial structure;
To promote the reliable, efficient and smooth operation of
national payment and settlement systems and to ensure that the national
payment and settlement systems policy is directed to the advantage of
Malaysia; and
To influence the credit situation to the advantage of the country.
In meeting these objectives, the Bank is guided by the principle
that it should act only in the economic interest of the nation and
without regard to profit as a primary consideration.
Hence, the functions of the Bank are carried out within the context of the broader
goals of promoting economic growth, a high level of employment, maintaining price
stability and a reasonable balance in the country's international payments position,
eradicating poverty and restructuring society. In particular, the Bank ensures that
the availability and cost of money and credit in the economy are consonant with
national
Macroeconomic objectives:
In this respect, the Bank acts as the banker for currency issue, keeper of Bank
Negara Malaysia (the Central Bank of Malaysia), is a statutory body which started
operations on 26 January 1959. Bank Negara Malaysia is governed by the Central
Bank of Malaysia Act 2009. The role of Bank Negara Malaysia is to promote
monetary and financial stability. This is aimed at providing a conducive environment
for the sustainable growth of the Malaysian economy.
Bank Negara Malaysia’s monetary policy stance is to maintain price stability while
remaining supportive of growth. Bank Negara Malaysia is also responsible for
financial system stability. This is achieved by developing a sound, resilient,
progressive and diversified financial sector which serves to support the sectors of
the real economy. It also plays an important function in implementing initiatives to
deepen and strengthen the financial markets, including the foreign exchange
market.
Bank Negara Malaysia has played a significant developmental role in developing the
financial system infrastructure in advancing the financial inclusion agenda. This is to
ensure all economic sectors and segments of the society have access to financial
services. In addition, Bank Negara Malaysia also oversees the nation’s payment
systems infrastructure which emphasize on the efficiency and security of the
financial systems.
As the banker and adviser to the Government, Bank Negara Malaysia provides
advice on macroeconomic policies and the management of public debt. Bank
Negara Malaysia is also the sole authority in issuing the national currency and in
managing the country's international reserves. international reserves and
safeguarding
the value of the ringgit, banker and financial adviser to the
Government, agency responsible for monetary policy and management of
the financial system and banker to the banks.
Mission Statement:
Bank Negara Malaysia, as the Central Bank, is committed to excellence in promoting
monetary and financial system stability and fostering a sound and progressive
financial sector, to achieve sustained economic growth for the benefit of the nation.
promoting a work culture which emphasises the highest standards of
professionalism and integrity, prudence, teamwork and innovation,developing and
maintaining a committed workforce which is highly competent and proactive,
sensitive to the changing needs of the industry,adopting a collaborative approach in
everything we do promoting the effective use of technology and good work
practices to enhance productivity, efficiency and quality,adopting policies and
practices to enhance the competitivenessof local financial institutions to face
international competition and having the necessary financial resources and financial
instruments to effectively manage monetary stability.
Role and Function of Bank Negara Malaysia:
Bank for Currency Issue
BNM commenced to issue its own currency on June 12, 1967, thereby
replacing the Currency Board as the sole currency issuing authority in
Malaysia. Under The Malaysian Currency (Ringgit) Act 1978, the Malaysian
dollar and cent were renamed “Ringgit” and “sen” respectively.
(i)
arrange for the printing of currency notes and the minting of coins.
(ii)
issue, re-issue and exchange notes and coins at its office and at such
agencies as it may, from time to time and establish or appoint
(iii)
arrange for the safe custody of unissued stocks of currency and for the
preparation,safe
custody and destruction of plates paper for the printing of notes and of
dies for the minting of coins.
Keeper of International Reserves
The country’s official external reserves are held and maintained by BNM.
Such holdings are generally held in the form of gold, reserves position in the
International Monetary Fund (IMF), Special Drawing Rights (SDR) and a well
managed and diversified portfolio of foreign exchange assets and
investments denominated in the major international currencies, such as bank
balances, Treasury Bills, Bonds and other appropriate term securities to
secure the best result and returns/benefits for the country. Throughout the
years, gold and foreign exchange have been the major components of
external reserves held by BNM.
Government Banker and Financial Advisor
BNM acts as a banker to the government, state governments and statutory
bodies.
(i)
Management of Government Accounts It provides cheque facilities,
accepts funds and makes payments on behalf of the government and
undertakes the foreign exchange business of the government.
(ii)
Source of Funds to Government Bank Negara Malaysia Ordinance 1958
empowers the
BNM to provide temporary advances to the
Government to cover any deficit in the budget revenue,However, there
are legal limitations to the amount and the duration of loans that BNM
can make available to the government.
Among the major role of the Bank 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 also responsible for bringing about
financial system stability and fostering a sound and progressive financial sector.
There is now in place a well diversified, comprehensive and resilient financial sector,
that is able to meet the increasingly sophisticated needs of consumers and
businesses, and which has become a growth driver in the economy.
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.
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.
Other important roles of the Bank are being a banker and adviser to the
Government, playing an active role in advising on macroeconomic policies and
managing the public debt. It is also the sole authority in issuing currency as well as
managing the country's international reserves.
started operations on 26 January 1959. Bank Negara Malaysia is governed by the
Central Bank of Malaysia Act 2009. The role of Bank Negara Malaysia is to promote
monetary and financial stability. This is aimed at providing a conducive environment
for the sustainable growth of the Malaysian economy.
Bank Negara Malaysia’s monetary policy stance is to maintain price stability while
remaining supportive of growth. Bank Negara Malaysia is also responsible for
financial system stability. This is achieved by developing a sound, resilient,
progressive and diversified financial sector which serves to support the sectors of
the real economy. It also plays an important function in implementing initiatives to
deepen and strengthen the financial markets, including the foreign exchange
market.
Bank Negara Malaysia has played a significant developmental role in developing the
financial system infrastructure in advancing the financial inclusion agenda. This is to
ensure all economic sectors and segments of the society have access to financial
services. In addition, Bank Negara Malaysia also oversees the nation’s payment
systems infrastructure which emphasize on the efficiency and security of the
financial systems.
As the banker and adviser to the Government, Bank Negara Malaysia provides
advice on macroeconomic policies and the management of public debt. Bank
Negara Malaysia is also the sole authority in issuing the national currency and in
managing the country's international reserves.
OBJECTIVE OF BANK NEGARA:
To issue currency and keep reserves safeguarding the value of the currency;
To act as a banker and financial adviser to the Government;
To promote monetary stability and a sound financial structure;
To promote the reliable, efficient and smooth operation of
national payment and settlement systems and to ensure that the national
payment and settlement systems policy is directed to the advantage of
Malaysia; and
To influence the credit situation to the advantage of the country.
In meeting these objectives, the Bank is guided by the principle
that it should act only in the economic interest of the nation and
without regard to profit as a primary consideration.
Hence, the functions of the Bank are carried out within the context of the broader
goals of promoting economic growth, a high level of employment, maintaining price
stability and a reasonable balance in the country's international payments position,
eradicating poverty and restructuring society. In particular, the Bank ensures that
the availability and cost of money and credit in the economy are consonant with
national
Macroeconomic objectives:
In this respect, the Bank acts as the banker for currency issue, keeper of Bank
Negara Malaysia (the Central Bank of Malaysia), is a statutory body which started
operations on 26 January 1959. Bank Negara Malaysia is governed by the Central
Bank of Malaysia Act 2009. The role of Bank Negara Malaysia is to promote
monetary and financial stability. This is aimed at providing a conducive environment
for the sustainable growth of the Malaysian economy.
Bank Negara Malaysia’s monetary policy stance is to maintain price stability while
remaining supportive of growth. Bank Negara Malaysia is also responsible for
financial system stability. This is achieved by developing a sound, resilient,
progressive and diversified financial sector which serves to support the sectors of
the real economy. It also plays an important function in implementing initiatives to
deepen and strengthen the financial markets, including the foreign exchange
market.
Bank Negara Malaysia has played a significant developmental role in developing the
financial system infrastructure in advancing the financial inclusion agenda. This is to
ensure all economic sectors and segments of the society have access to financial
services. In addition, Bank Negara Malaysia also oversees the nation’s payment
systems infrastructure which emphasize on the efficiency and security of the
financial systems.
As the banker and adviser to the Government, Bank Negara Malaysia provides
advice on macroeconomic policies and the management of public debt. Bank
Negara Malaysia is also the sole authority in issuing the national currency and in
managing the country's international reserves. international reserves and
safeguarding
the value of the ringgit, banker and financial adviser to the
Government, agency responsible for monetary policy and management of
the financial system and banker to the banks.
Mission Statement:
Bank Negara Malaysia, as the Central Bank, is committed to excellence in promoting
monetary and financial system stability and fostering a sound and progressive
financial sector, to achieve sustained economic growth for the benefit of the nation.
promoting a work culture which emphasises the highest standards of
professionalism and integrity, prudence, teamwork and innovation,developing and
maintaining a committed workforce which is highly competent and proactive,
sensitive to the changing needs of the industry,adopting a collaborative approach in
everything we do promoting the effective use of technology and good work
practices to enhance productivity, efficiency and quality,adopting policies and
practices to enhance the competitivenessof local financial institutions to face
international competition and having the necessary financial resources and financial
instruments to effectively manage monetary stability.
Role and Function of Bank Negara Malaysia:
Bank for Currency Issue
BNM commenced to issue its own currency on June 12, 1967, thereby
replacing the Currency Board as the sole currency issuing authority in
Malaysia. Under The Malaysian Currency (Ringgit) Act 1978, the Malaysian
dollar and cent were renamed “Ringgit” and “sen” respectively.
(i)
arrange for the printing of currency notes and the minting of coins.
(ii)
issue, re-issue and exchange notes and coins at its office and at such
agencies as it may, from time to time and establish or appoint
(iii)
arrange for the safe custody of unissued stocks of currency and for the
preparation,safe
custody and destruction of plates paper for the printing of notes and of
dies for the minting of coins.
Keeper of International Reserves
The country’s official external reserves are held and maintained by BNM.
Such holdings are generally held in the form of gold, reserves position in the
International Monetary Fund (IMF), Special Drawing Rights (SDR) and a well
managed and diversified portfolio of foreign exchange assets and
investments denominated in the major international currencies, such as bank
balances, Treasury Bills, Bonds and other appropriate term securities to
secure the best result and returns/benefits for the country. Throughout the
years, gold and foreign exchange have been the major components of
external reserves held by BNM.
Government Banker and Financial Advisor
BNM acts as a banker to the government, state governments and statutory
bodies.
(i)
Management of Government Accounts It provides cheque facilities,
accepts funds and makes payments on behalf of the government and
undertakes the foreign exchange business of the government.
(ii)
Source of Funds to Government Bank Negara Malaysia Ordinance 1958
empowers the
BNM to provide temporary advances to the
Government to cover any deficit in the budget revenue,However, there
are legal limitations to the amount and the duration of loans that BNM
can make available to the government.
Among the major role of the Bank 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 also responsible for bringing about
financial system stability and fostering a sound and progressive financial sector.
There is now in place a well diversified, comprehensive and resilient financial sector,
that is able to meet the increasingly sophisticated needs of consumers and
businesses, and which has become a growth driver in the economy.
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.
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.
Other important roles of the Bank are being a banker and adviser to the
Government, playing an active role in advising on macroeconomic policies and
managing the public debt. It is also the sole authority in issuing currency as well as
managing the country's international reserves.