Bank Negara Malaysia 50th Anniversary Corporate Video - Part 1 Video

About the Bank

Established on 26 January 1959 under the Central Bank of Malaysia Act 1958 (Revised -1994). It is a statutory body wholly owned by the Government of Malaysia with the paid-up capital progressively increased, currently at RM100 million. The Bank reports to the Minister of Finance, Malaysia and keeps the Minister informed of matters pertaining to monetary and financial sector policies.

Roles and Functions

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.

The roles of the Bank are supported by 37 departments/units in the Bank covering seven functional areas as follows:

Economics & Monetary Policy

Primarily provides good technical and research support on growth-related issues to enhance formulation of monetary and credit policies in promoting monetary stability and ensuring the availability of adequate credit to finance economic growth.

Investment and operations

Manage domestic liquidity and exchange rates to ensure that monetary policy targets are achieved as well as managing external reserves to safeguard its value and optimise its returns. It also has the responsibility of providing advice and assistance to the Government in the area of debt and fund management and contributing to domestic financial market development.

Regulation

Promote financial sector stability through the progressive development of sustainable, robust and sound financial institutions and financial infrastructure, thus enabling a competitive local financial industry to be resilient against the changing future environment as well as leads initiatives to enhance access to financing. It also formulates and implements policies and strategies towards building and positioning Malaysia as a premier integrated Islamic Financial Centre and enhance the financial capability of consumers.

Payment systems

Develop policies and strategies to promote reliable, secure and efficient clearing, settlement and payment systems in the country.

Supervision

Develop, enhance and implement an effective surveillance framework to ensure safety and soundness of financial institutions and to enforce sound practices in them.

Organisational development

Spearhead the Bank's strategic management, organisational-performance management and programme management functions to drive its performance-improvement processes and strengthening the capacity building of the Bank. It also leads and drives human resources initiatives and other strategic activities to ensure that the overall Human Capital Management framework is implemented effectively.

Communications

The communications function has assumed increasing importance in response to the heightened demands of the various stakeholders, seeking greater transparency and disclosure.

great!!?
great!!?

gogo malaysia!?
gogo malaysia!?

congrats,Bank? ...
congrats,Bank? Negara!

isang? malaking pag ...
isang? malaking pag bati sa inyong anibersaryo.

great corporate ...
great corporate video? production

Nonsense..! ?
Nonsense..! ?

Hey BN, the ...
Hey BN, the exchange rate is too HIGH ! creating inflation and killing regular people. Not need? - we have not appreciated against our trade rivals. Can reduce the ER and - reduce inflation and still be export competitive. Bodoh chowhai c**ts !!

Are you sure ? some ...
Are you sure ? some source please.?

Bank Negara? was ...
Bank Negara? was not own by Malaysia Gorverment it was own by private institution. Every money you spend is money debt to Bank Negara.

People? told me ...
People? told me that Bank Negara is a private institution.

:)?
:)?

my dad serve this ...
my dad serve this bank for 25 years... i? have a lot of memories on this building during chilhood time... :(

I feel pride in ...
I feel pride in serving the Bank and the people in my 4-year? stint in Bank Negara Malaysia.

me? likey this!
me? likey this!