BANK NEGARA MALAYSIA

Bank Negara Malaysia or BNM is the Malaysian central bank. Its headquarters is located in Kuala Lumpur, the capital of Malaysia, and was established on January 26, 1959 (as the Central Bank of Malaya or Bank Negara Tanah Melayu) to issue currency, act as banker and adviser to the Government. The gavernor of Bank Negara Malaysia is Tan Sri Dato' Sri Dr. Zeti Akhtar Aziz. She was hold this place on May 2005. Bank Negara had previously maintained branches in each of the country's state capitals. Most of them were closed in the 1990s when retail banks began taking over most of the counter services. There are still branches in Penang, Johor Bahru, Kota Kinabalu, Kuching and Kuala Terengganu, while the Shah Alam branch was converted into a currency distribution and processing centre. Bank Negara also retains representative offices in London and New York City, and a personnel training centre in Petaling Jaya, Malaysia.