: Bank Negara Malaysia has required two banks which experienced services outages recently to provide a full explanation of the root cause leading to the incidents.
BNM said it takes a serious view of the recent banking services outages by two of our largest banking institutions which have caused disruptions and inconvenience to customers.“The banks have also been instructed to ensure appropriate communication with affected customers, including promptly attending to any complaints and inquiries resulting from the outage and providing timely updates on services that were affected,” it said.
“BNM will not hesitate to take further supervisory actions where banks have fallen short of our regulatory and supervisory expectations,” it said. At 7.10pm on the same day, the country’s third largest commercial bank by assets announced that all its services have been restored.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: therakyatpost - 🏆 14. / 59 Read more »
Source: UMonline - 🏆 27. / 51 Read more »
Source: theSundaily - 🏆 25. / 51 Read more »
Shangri-La Kuala Lumpur's Sajian Istimewa 2024: A Ramadan Feast Of Luxury, Joy, & ExclusiveIn this blessed month of Ramadan, Shangri-La Kuala Lumpur beckons with its renowned Lemon Garden Café buffet, promising an unparalleled culinary journey
Source: HypeMY - 🏆 10. / 63 Read more »
Source: paultan - 🏆 22. / 51 Read more »
Girl Group XG To Perform In Kuala Lumpur For Upcoming World TourGood news to all the ALPHAZ in Malaysia! Japanese girl group XG has recently announced that they're returning to Malaysia after their performance at the
Source: HypeMY - 🏆 10. / 63 Read more »