Tag: credit literacy


  • BNM Introduces 15-Minute Financial Education for Personal Loans Over RM100K

    BNM Introduces 15-Minute Financial Education for Personal Loans Over RM100K

    BNM mandates financial education for high-value personal loans Bank Negara Malaysia (BNM) has announced a revised policy requiring applicants for personal financing exceeding RM100,000 to complete a 15-minute financial education module. The policy, set to take effect on January 1, 2027, aims to improve financial literacy and ensure borrowers understand the commitments and risks associated…