The Central Bank of Malaysia, known locally as Bank Negara Malaysia, was established on 26 January 1959 as the Central Bank of Malaya. Headquartered in Kuala Lumpur, it holds the exclusive authority to issue the Malaysian ringgit and serves as the government's financial adviser and banker while overseeing the country's monetary policy and regulating its financial institutions.
Facts
Founding Year Founding Date Headquarters Geography
Country or Jurisdiction ServedWikidata Q806646, property P17 (country). Classification
Institution Subtype Connections
Member Of
Central Bank of Malaysia is one of the BIS's 63 member central banks and monetary authorities (Membership and shareholding structure table); the BIS has been wholly owned by its member central banks since the 2005 buyback of private shareholders.
Source Wikipedia
In the Other Atlases
- Also in Geography Atlas: Malaysia, located there.
Sources
1. Wikipedia
Wikimedia FoundationCentral Bank of Malaysia
Established on 26 January 1959 as the Central Bank of Malaya (Bank Negara Tanah Melayu), its main purpose is to issue currency, act as the banker and advisor to the government of Malaysia, and regulate the country's financial institutions, credit system, and monetary policy.
Introduction, institution-subtype
The Central Bank of Malaysia, known locally as Bank Negara Malaysia, was established on 26 January 1959 as the Central Bank of Malaya.
Member Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure section
The BIS members are central banks of 63 jurisdictions: 34 in Europe, 16 in Asia, 5 in South America, 3 in North America, 3 in Africa, and 2 in Oceania.
View the Source 2. Wikidata
Wikimedia Foundation
Wikidata: Central Bank of Malaysia
Wikidata Q806646, class allow-list match (w-wdresolver-0926)View the Source Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.