Bank Negara Malaysia announced that it and Bank Indonesia have signed a new Memorandum of Understanding to strengthen bilateral cooperation between the two central banks. The agreement creates a broader framework for collaboration across central banking functions, including monetary policy, financial stability, macroprudential policy, payment systems, digitalisation, financial sector development, capacity-building initiatives and information sharing. The memorandum is intended to deepen cooperation in established areas while extending collaboration into emerging areas of mutual interest. Bank Negara Malaysia and Bank Indonesia indicated that the agreement provides a comprehensive platform for continued work in the mutually agreed areas.
Bank Negara Malaysia 2026-05-11
Bank Negara Malaysia and Bank Indonesia sign memorandum of understanding to expand central banking cooperation
Bank Negara Malaysia and Bank Indonesia have signed a new Memorandum of Understanding to strengthen bilateral cooperation across central banking functions, including monetary policy, financial stability, macroprudential policy, payment systems, digitalisation and financial sector development. The memorandum aims to deepen cooperation in existing areas, extend collaboration into emerging areas of mutual interest and provide a comprehensive platform for continued joint work and information sharing.