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:
“Life is a long Dardenelles, My Dear Madam, the shores whereof are bright with flowers, which we want to pluck, but the bank is too high; & so we float on & on, hoping to come to a landing-place at last—but swoop! we launch into the great sea! Yet the geographers say, even then we must not despair, because across the great sea, however desolate & vacant it may look, lie all Persia & the delicious lands roundabout Damascus.”
—Herman Melville (1819–1891)