very wrong. pidm or no pidm is important for a peace of mind. and unfortunately, what you thought is wrong.

someone could lose their savings due to non PIDM protected.
Mods should monitor misinformation posts like this.

lmao tell me how they lose their savings due to non PIDM protected? If so, those big shots with few millions burn already in BR without PIDM protected

don't make assumption based on my statements. I might be wrong but their money won't burn because my wrong info post.

we're not perfect and sometime we could be wrong

See the list below:

http://www.pidm.gov.my/For-Public/About-De...ce/Member-Banks

PIDM member banks:

Commercial Banks

Affin Bank Berhad
Alliance Bank Malaysia Berhad
AmBank (M) Berhad
Bangkok Bank Berhad
Bank of America Malaysia Berhad
Bank of China (Malaysia) Berhad
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad*
BNP Paribas Malaysia Berhad*
CIMB Bank Berhad
Citibank Berhad*
Deutsche Bank (Malaysia) Berhad*
Hong Leong Bank Berhad
HSBC Bank Malaysia Berhad
Industrial and Commercial Bank of China (Malaysia) Berhad
India International Bank (Malaysia) Berhad
J.P. Morgan Chase Bank Berhad
Malayan Banking Berhad
Mizuho Bank (Malaysia) Berhad (formerly known as Mizuho Corporate Bank (Malaysia) Berhad)
National Bank of Abu Dhabi Malaysia Berhad
OCBC Bank (Malaysia) Berhad
Public Bank Berhad
RHB Bank Berhad
Standard Chartered Bank Malaysia Berhad
Sumitomo Mitsui Banking Corporation Malaysia Berhad
The Bank of Nova Scotia Berhad
The Royal Bank of Scotland Berhad
United Overseas Bank (Malaysia) Berhad

Islamic Banks

Affin Islamic Bank Berhad
Alliance Islamic Bank Berhad
Al Rajhi Banking & Investment Corporation (Malaysia) Berhad
AmIslamic Bank Berhad
Asian Finance Bank Berhad
Bank Islam Malaysia Berhad
Bank Muamalat Malaysia Berhad
CIMB Islamic Bank Berhad
Hong Leong Islamic Bank Berhad
HSBC Amanah Malaysia Berhad
Maybank Islamic Berhad
Kuwait Finance House (Malaysia) Berhad
OCBC Al-Amin Bank Berhad
Public Islamic Bank Berhad
RHB Islamic Bank Berhad
Standard Chartered Saadiq Berhad

Non-Member Institutions:

Investment banks
Overseas branches of member banks
Development financial institutions and cooperative banks
All non-bank financial intermediaries such as provident and pension funds, co-operative societies, housing credit institutions and building societies which are not supervised or regulated by Bank Negara Malaysia

*denotes this bank provides Islamic banking services under the Skim Perbankan Islam (SPI). SPI is defined by Bank Negara Malaysia as the Islamic banking scheme provided by licensed institutions to conduct banking business based on Islamic principles.




This post has been edited by yygo: Feb 4 2016, 04:36 PM

Thanks for those info.

Rather than flamming me, post a good detail info will work for all

Thanks once again

btw, adding info to bsn conventional fd 12mth 4.5%: no need opening saving acc. interest credit to principal upon maturity.

bad thing is ya, they kinda slow...

good thing is nearby, walking, no need driving & illegal parking (lately i see many JPJ/dbkl traffic officers very rajin 'writing notes' near bank area, shopping complex area, eatery area, no play play...)

This post has been edited by coolstore: Feb 4 2016, 04:45 PM

ok, bsn deposit is said to be guaranteed by the government

that's besides the point. there is no 'might'. you are definitely wrong. just admit it and learn something today.

those big shots will burn their few millions if a non-PIDM member bank goes broke. chances of it happening is slim but there's a difference. BR is under Ministry of Finance though.

Please read up about PIDM and how it protects the deposits

Go for Affinbank.
they got combo plan FD 5.0% + Smart Income Saver..
not sure until when

i know.

instead of arguing, tell me the facts which non pidm members of bank broke in Malaysia?

lol. like i said, chances of that happening is slim but that's y it's called an insurance. if nothing happens, then it's all good. but if it does, then you will see its purpose.

just like travel insurance. i've travelled many times yet nothing happened to me. but what happens if something really did happen?

the thing is we have to try to provide as much accurate information as possible. what one wants to do with the information is another matter.

This post has been edited by alexanderclz: Feb 4 2016, 05:00 PM

ooo thanks for the info!

so the answer is no.. not protected by PIDM...

my FDs will be matured by early of March.
Any nice interests rate offered by banks?
what I knw is HLB, but promotion ends on feb.

Uh? I can't find it on their website.

MACH first month FD interest credited

how long must leave my moneh for? Min funds?

MBf Finance Berhad-1999

I heard bank bumiputra also broke?

Affin bank 4.5% 12 months min 10k. Islamic fd. Promo till 29 Feb.