Malaysia, South Korea renew their bilateral swap agreement

The swap arrangement can be further extended via mutual agreement.

The swap arrangement can be further extended via mutual agreement.

Bank Negara Malaysia (BNM) and the Bank of Korea have renewed their bilateral swap agreement (BSA) for three more years.

The two have maintained the arrangement at MYR15b/ KRW5t, the same as the BSA signed in 2020.

The swap arrangement can be extended by mutual agreement between the two central banks.

The BSA is aimed at further promoting bilateral trade between the two countries and strengthening the financial cooperation between Malaysia and Korea, BNM said in a statement published on its website.

Bank Negara Malaysia

Bank of Korea

Can't Login? Sign up for an account

Email address The email address is not made public. It will only be used if you need to be contacted about your account or for opted-in notifications.

Password

Confirm password

Provide a password for the new account in both fields.

This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Already have an Asian Banking & Finance account? Login

Can't log in?

Return to login

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit