Bank Negara Malaysia is the central bank of Malaysia, mandated to promote monetary and financial stability conducive to sustainable growth of the Malaysian economy. It operates nationally and is governed by the Central Bank of Malaysia Act 2009. Its remit spans monetary policy, financial stability, payment systems infrastructure, financial system infrastructure development, financial inclusion, foreign exchange market development, public debt management, international reserves management and currency issuance.
Technology work sits across these areas. The bank oversees the country's payment systems infrastructure, with an emphasis on the efficiency and security of financial systems, and develops financial system infrastructure more broadly. Other technical domains include monetary and financial stability analysis, foreign exchange market development, and the management of public debt and international reserves. The bank is the sole authority for issuing the Malaysian national currency.
Bank Negara Malaysia also acts as banker and adviser to the Government, providing advice on macroeconomic policies and the management of public debt. Its stated focus areas include a sound, resilient, progressive and diversified financial sector, financial inclusion for all economic sectors and segments of society, and financial stability supportive of sustainable economic growth.
