2022 Malaysian Banking and Finance Summit News Clips

29 Mar 2022, The Malaysian Reserve

Banking system remains resilient despite Covid-19, says Bursa chairman

MALAYSIA’S banking system remains resilient despite the challenges posed by the Covid-19 pandemic, according to Bursa Malaysia’s non-executive chairman Abdul Wahid Omar. Asset quality of the banks improved significantly with the net impaired loans ratio improving from a high of 13.59% in 1998 to 2.24% (2008) and 0.9% as of Dec 31, 2021. “Similarly, the loan loss cover ratio improved from 39% to 75% and 129.2% as of June 30, 2021, respectively. “The loan-to-fund ratio remained broadly stable at 82.3% as of Dec 31, 2021, and there is sufficient liquidity for the banks to fund future loans growth in order to expand the economy further,” he said while speaking at the 2022 Banking and Finance Summit organised by KSI Strategic Institute for Asia Pacific yesterday.


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30 Mar 2022, The Star

GDP forecast intact

Malaysia is poised to hit its targeted gross domestic product (GDP) growth forecast of between 5.5% and 6.5% this year despite pressures from the ongoing war between Ukraine and Russia, says Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamad. He said recent economic indicators suggested that growth would be driven by robust external trade and net inflows of foreign investments, as well as more resilient private consumption growth. “While this bodes well for the country, there may be some economic push backs coming from the Russia-Ukraine war,” he said in his opening speech at the Malaysian Banking and Finance Summit 2022.


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29 Mar 2022, Sin Chew Daily

慕斯达法:全球应对气候变化脆弱 大马须加快绿色经济脚步

首相署(经济事务)部长拿督斯里慕斯达法说,金融领域必须继续在可持续发展议程中,扮演重要角色。 他说,最近发生的洪水,展现了马来西亚和世界应对气候变化的脆弱,因此,必须加快向绿色经济的过渡。 慕斯达法是出席由皇岦策略研究院所主办的2022年马来西亚银行与金融峰会时,发表 "银行、经济复苏和可持续性"的主题演讲。 他说,已经有270家银行(占全球银行业资产的 45%)承诺,遵守联合国环境规划署金融倡议的负责任银行原则,以使其战略路线图和可持续发展目标,与《巴黎气候协定》和可持续发展目标 (SDG) 保持一致。


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29 Mar 2022, Free Malaysia Today

Banking system remains resilient, says Bursa chairman

he country’s banking system remains resilient amid the challenges posed by the Covid-19 pandemic, according to Bursa Malaysia’s non-executive chairman Abdul Wahid Omar. Speaking at the 2022 Banking and Finance Summit today, Wahid said this was supported by healthy capital and liquidity buffers to facilitate financial intermediation activities. He cited statistics by Bank Negara Malaysia, which showed that the banking system’s core equity tier 1 capital ratio of 15.2% as of Dec 31, 2021 was significantly higher than the 9.05% core capital ratio as of Dec 31, 1997 and 10.61% as of Dec 31, 2008. He also cited the significant improvement of the asset quality of the banks, with the net impaired loans ratio improving from a high of 13.59% in 1998 to 2.24% in 2008. It was 0.9% as of Dec 31, 2021.


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29 Mar 2022, Berita Harian

Proses pinjaman lebih mudah, pacu pertumbuhan ekonomi

Sistem kewangan yang memudahkan transaksi antara pemberi pinjaman dan peminjam dengan menyediakan akses kepada modal diperlukan dalam memacu pertumbuhan ekonomi. Menteri Di Jabatan Perdana Menteri (Ekonomi), Datuk Seri Mustapa Mohamed, berkata institusi kewangan memainkan peranan penting dalam menyokong pemulihan ekonomi negara. "Kerajaan dan industri perbankan mengambil langkah berani pada kemuncak pandemik COVID-19 terutamanya inisiatif penangguhan semua bayaran balik pinjaman untuk tempoh enam bulan. "Justeru, adalah menjadi harapan saya supaya bank akan kembali bekerjasama dengan kerajaan untuk memacu pemulihan ekonomi.


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29 Mar 2022, Bernama

Financial sector must continue to play important role in sustainability agenda -- Mustapa

The financial sector must continue to play an important role in the sustainability agenda, Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said. He said the recent floods have shown how vulnerable Malaysia and the world were to climate change, hence, transition to a greener economy must be accelerated. "Already, 270 banks representing 45 per cent of banking assets worldwide have committed to the United Nations Environment Programme Finance Initiative’s Principles for Responsible Banking in aligning their strategic roadmaps and sustainability targets to the Paris Climate Agreement and sustainable development goals (SDGs).


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29 Mar 2022, Guang Ming

慕斯達法盼銀行金融機構 再與政府合作推動經濟

首相署(經濟事務)部長拿督斯里慕斯達法希望銀行及金融機構能夠再次與政府攜手合作推動經濟的復甦,盡最大努力為企業提供融資渠道,尤其是受到冠病疫情重創的航空、旅遊和酒店業者。 “金融體系促進了貸款者和借款者之間的交易,提供了刺激經濟增長的資本,銀行在支持經濟復甦方面的作用至關重要。”


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29 Mar 2022, Free Malaysia Today

After moratorium, work with govt to spur economic recovery, banks told

The banking sector must work hand in hand with the government to spur economic recovery as Malaysia will be transitioning to an endemic phase starting April 1, minister in the Prime Minister’s Department (economy) Mustapa Mohamed said. He said the financial sector must provide access to capital necessary to spur economic growth by facilitating transactions between lenders and borrowers. “The roles of banks in supporting economic recovery are very vital,” he said at the 2022 Malaysian Banking and Finance Summit this morning.


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29 Mar 2022, The Sun

Financial sector must continue to play important role in sustainability agenda: Mustapa

The financial sector must continue to play an important role in the sustainability agenda, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed (pix) said. He said the recent floods have shown how vulnerable Malaysia and the world were to climate change, hence, transition to a greener economy must be accelerated. “Already, 270 banks representing 45 per cent of banking assets worldwide have committed to the United Nations Environment Programme Finance Initiative’s Principles for Responsible Banking in aligning their strategic roadmaps and sustainability targets to the Paris Climate Agreement and sustainable development goals (SDGs). “Therefore, there is a need for financial institutions in Malaysia to follow suit with their global counterparts,“ he said in his keynote address at the Malaysian Banking and Finance Summit 2022 here today.


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29 Mar 2022, TV3 Malaysia

Government Needs Political Will To Reform & Attract Global Talents | Bizworld, 29 March 2022

Coverage of MBFS 2022 on Malaysia's national TV3 chanenel.


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29 Mar 2022, Kwong Wah Daily

慕斯达法:要达2025年高收入国 我国经济需改革

掌管经济事务的首相署部长拿督斯里慕斯达法指出,今年是我国经济的复苏年,也是机会去改革我国经济 的一年,我们必须改变我们做事的方式。 “要达致我们2025年成为高收入国的目标,我们并没有选择。” 他也概述了其中一些我国必须面对的挑战,如投资人力资源丶加强竞争丶创新丶体制改革丶加宽社会安全 网丶更公平分配所得等等。 他是在出席皇岦策略研究院主办的2022年马来西亚银行与金融峰会,主题演讲 “银行丶经济复苏和可持 续性”时,如是指出。


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29 Mar 2022, Sin Chew Daily

慕斯达法:援助受重创行业 应尽力融资助复 苏

首相署(经济事务)部长拿督斯里慕斯达 法希望银行及金融机构能够再次与政府携手合作推动经济的 复苏,尽最大努力为企业提供融资渠道,尤其是受到冠病疫 情重创的航空、旅游和酒店业者。


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29 Mar 2022, Nanyang

阿都瓦希:支持转型至可持续未来 银行业被视为催化剂

吉隆坡经济俱乐部咨询委员会主席丹斯里阿都瓦希表示,随着对可持续解决方案的需求增加,银行业如今被视为催化剂,必须在支持转型至更可持续的未来方面,扮演重要角色。 他说,金融机构推进ESG议程的方法之一,是将资金用于低碳与自然正效益(Nature positive)的举措。


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29 Mar 2022, SIn Chew Daily

金融体系韧性

吉隆坡经济俱乐部顾问理事会主席丹斯里 阿都华希指出,金融体系的韧性是支持我国经济的其中一个 关键因素。 他指出,尽管我国在去年面对冠病疫情及大水灾所带来的挑 战,但在经历了动荡的一年,我国经济取得3.1%增长的良好 表现。


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29 Mar 2022, Guang Ming Daily

阿都華希:支持經濟復甦 金融體系韌性另一關鍵

吉隆坡經濟俱樂部顧問理事會主席丹斯里阿都華希說,金融體系的韌性是支持我國經濟的其中一項關鍵因素。 也是大馬交易所主席的他,在2022年馬來西亞銀行與金融峰會上致歡迎詞時提到,雖然我國去年面對冠病疫情及大水災所帶來的挑戰,但經歷動蕩的一年,我國經濟取得3.1%增長的良好表現。


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29 Apr 2022, China Press

绿色经济发展刻不容缓 金融领域扮演关键角色

去年底的水灾突显了我国和全球在气候变迁当前的脆弱性, 加快国内绿色经济发展已刻不容缓,首相署(经济事务)部长拿督斯里慕斯达 法认为,金融领域必须继续在可持续发展议程中扮演重要角色。 他指出,代表全球45%银行资产的270家银行已承诺遵守联合国环境规划署金 融倡议的《负责任银行原则》,确保其战略路线图和可持续发展目标,与《巴 黎气候协定》和可持续发展目标计划(SDG)保持一致。


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30 Mar 2022, The Business Times

Malaysia confident of achieving 2022 growth target amid impact of Ukraine war

THE Malaysian government is confident of achieving its projected economic growth this year, even as the sharp rise in global commodities prices arising from the Russia-led war in Ukraine may temper the positive momentum, a minister said on Tuesday (Mar 29). Speaking at an event in Kuala Lumpur, Minister in the Prime Minister's Department (Economy), Mustapa Mohamed, said recent indicators show that growth will be driven by robust external trade, a net inflow of...


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