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Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets. It was formed from the merger between the Malaysian Electronic Payment System (MEPS) and Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) on 1 August 2017. [ 1 ]
The Central Bank of Malaysia (BNM; Malay: Bank Negara Malaysia; Jawi: بڠک نݢارا مليسيا ) is the Malaysian central bank.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 to regulate the country's financial institutions, credit system and ...
Zeti began her career as an economic analyst for the South-East Asia Central Bank Training & Research Center, remaining at that post from 1979 to 1984. She was then appointed Deputy Manager of the Economics Department at Bank Negara Malaysia. In 2009, Global Finance named her as one of the world's best central bank chiefs. [7]
The Asia School of Business (ASB) campus is located on a 30-acre plot of land in Kuala Lumpur, adjacent to the headquarters of Bank Negara Malaysia. Strategically positioned near the city’s central business district, the campus integrates academic, residential, and professional facilities. Campus Features
Following its purchase of 10.1% stake in 2008 for $19.3 million [8] and another 11.2% stake for RM70.9 million in 2010, [9] SEEK Limited, the Australian internet job recruitment company made a complete takeover in 2014 for RM 1.73 billion [10] [11] together with co-investors, News Corp, Tiger Global and Macquarie Capital.
With the result of the merger, PayNet is now the holding company for the PayNet Group which comprises two main subsidiaries, namely Malaysian Electronic Payment System Sdn Bhd (MEPS) and MEPS Currency Management Sdn Bhd (MCM). The PayNet Group is Malaysia's premier payments network and central infrastructure for financial markets.
Muhammad joined Bank Negara Malaysia in 1984, and appointed as Deputy Governor in June 2010. [6] He sits on the Bank's Monetary Policy Committee as well as the Financial Stability Committee. Throughout his service to the Central Bank of Malaysia, he held several posts in several government bodies and companies.
The Finance Accreditation Agency [1] (FAA) is an agency of the Government of Malaysia that accredits financial training courses offered by companies in Malaysia and other countries. Founded in 2012, the FAA is headquartered in Bangsar South , Kuala Lumpur .