Bank Negara Malaysia (Malay: Bank Negara Malaysia, English: Central Bank Of Malaysia; Abbreviation: NEGARA; Abbreviation: National Bank) Is The Central Bank Of Malaysia. Established On January 26, 1959, It Is Headquartered In Kuala Lumpur, The Capital Of Malaysia, And Has Branches In Penang, Johor Bahru, Kuching, Kota Kinabalu, Kuala Terengganu And Shah Alam. The Bank Was Founded And Owned By The Malaysian Government And Mainly Regulates And Supervises Banking And Financial Activities Across The Country.
Objective
- Issue Currency And Maintain Reserves To Maintain The Value Of Currency.
- Act As A Bank, Financial Agent And Financial Advisor To The Government.
- Promote Monetary Stability And Maintain A Sound Financial Structure.
- Influence Credit Conditions In The Interest Of The State.
- Supervise All Banks In The Country.
