-Maybank expects growth in ringgit based loan schemes in Australia.Global Banking News-June 22, 2012--Maybank expects growth in ringgit ring·gitn. See Table at currency. [Malay.] Noun 1. ringgit - the basic unit of money in Malaysia; equal to 100 sen based loan schemes in Australia(C)2012 ENPublishing - http://www.enpublishing.co.uk Global Banking News - 22 June 2012 Malayan Banking Bhd has said that it was expecting its new Overseas Mortgage Loan scheme covering purchases of residential properties in Melbourne to expand. The bank said that the business is expected to touch MYR MYR In currencies, this is the abbreviation for the Malaysian Ringgit. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 300m in the next 12 months. The loan is expected to benefit Malaysians who purchase properties in Australia. [Editorial queries for this story should be sent to gbn@enpublishing.co.uk] ((Distributed via M2 Communications - http://www.m2.com)) |
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