Bank Negara Malaysia

Bank Negara Malaysia (BNM) was established in 1959, under the Central Bank of Malaysia Act 1958 (Revised in 2009). BNM is principally entrusted to uphold monetary and financial stability and maintain oversight over the payments system in the country. BNM has overseen the development of a comprehensive, efficient and resilient financial sector, contributing to economic growth and development. As part of its mandate, BNM is committed to evolving well-designed regulations for innovation in financial services, while ensuring that the associated risks are well-managed. This includes a focus on uplifting financial inclusion among consumers, including the gig economy.