Bank Indonesia and Bank Negara Malaysia have signed a memorandum of understanding to strengthen bilateral cooperation across key areas of central banking. Announced in Jakarta on 11 May 2026, the agreement expands collaboration in monetary policy, financial stability, macroprudential oversight, payment systems, and financial sector development. It also establishes a framework for structured information exchange and joint initiatives, reflecting a shared commitment to regional stability and sustainable growth.
The MoU was described by both central bank governors as a reaffirmation of their longstanding partnership and a milestone in deepening institutional ties. Governor Abdul Rasheed Ghaffour of Bank Negara Malaysia emphasized the importance of expanding cooperation into new areas of mutual interest, while Governor Perry Warjiyo of Bank Indonesia highlighted the agreement’s significance amid challenging geopolitical conditions.
By aligning policy dialogue and capacity-building efforts, the agreement supports more coordinated responses to the rapid digital transformation of financial systems. It also reflects broader regional trends in governance and oversight, where issues such as technology regulation and digital innovation increasingly intersect with financial stability.
The signing of the MoU provides a formal basis for sustained cooperation between the two monetary authorities. Through closer coordination, both institutions aim to reinforce financial resilience and contribute to regional stability, positioning Indonesia and Malaysia as key partners in shaping coherent regulatory approaches across Asia.
