Bank Negara Malaysia (BNM; literally National Bank of Malaysia, officially Central Bank of Malaysia) is the Malaysian central bank. Established on January 26, 1959 as the Bank Negara Malaya, its main purpose was to issue currency, act as banker and adviser to the Government of Malaysia and regulate the country's credit situation. Its headquarters is located in Kuala Lumpur, the federal capital of Malaysia.
The Bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion .
Read more about Bank Negara Malaysia: History, Governors of Bank Negara, Headquarters and Branches, Powers of The Bank
Famous quotes containing the word bank:
“A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
—Josiah Royce (1855–1916)