Maybank to lower BR, BLR by 0.25%

1 min


37
8 shares, 37 points

Maybank to lower BR, BLR by 0.25% 1

PETALING JAYA: Maybank is the first bank to announce the reduction of its base rate (BR) and base lending rate (BLR) by 25 basis points (bps) effective this Thursday, in line with the reduction in the Overnight Policy Rate (OPR).

Its BR will be lowered from 2.75% to 2.50% while BLR will be revised from 6.40% to 6.15%.

“Similarly, the Islamic BR and base financing rate will be reduced by 25 basis points from 2.75% to 2.50% and from 6.40% to 6.15% respectively.”

Maybank and Maybank Islamic’s deposit rates will also be adjusted downwards by 25 bps effective the same day.


Like it? Share with your friends!

37
8 shares, 37 points

What's Your Reaction?

hate hate
2
hate
confused confused
14
confused
fail fail
8
fail
fun fun
6
fun
geeky geeky
4
geeky
love love
18
love
lol lol
20
lol
omg omg
14
omg
win win
8
win

Read exclusive latest news on entertainment, music, gaming and more topics with unprecedented coverage from around the UK and US.

0 Comments

Your email address will not be published. Required fields are marked *