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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 ...
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.
All banks are BERHAD (Public Limited Company) except Bank Rakyat and BSN which are Coop and government entities respectively. Most mainline banks are now members of MEPS ATM. Withdrawal charges normally are about RM1 for major banks except where stated (as much as RM5 each time).
Citibank Berhad is a licensed commercial bank [1] operating in Malaysia with its headquarters in Jalan Ampang, Kuala Lumpur. [2] [7] Citibank Berhad operates as a subsidiary of Citigroup Holding (Singapore) Private Limited, commencing its banking operations in Malaysia since 1959. [8] Citibank Berhad was locally incorporated in 1994.
Government holding company S A Khind Holdings Berhad: Consumer goods Durable household products Shah Alam: 1961 Electrical appliances company P A Keretapi Tanah Melayu (KTM) Industrials Railroads Kuala Lumpur: 1885 Railways, state-owned S A Kossan Rubber Industries: Consumer Goods Manufacturing Kuala Lumpur: 1979 Rubber P A Kulim (Malaysia) Berhad
Labuan International Business and Financial Centre (IBFC) is a special economic zone of the Malaysian government based on the island of Labuan off the Borneo coast. It was established in 1990 and has been marketed as having a unique position to tap investment opportunities in Asia and beyond.
Malaysia Airlines; Malaysia Airports; Malaysia Debt Ventures; Malaysian Re; Mass Rapid Transit Corporation (Malaysia) MASwings; Maybank; MIMOS; Minister of Finance (Incorporated) (Malaysia) MISC Berhad; MRCB; MyHSR Corp