Maybank To Revise Deposit And BLR Rates KUALA LUMPUR, July 9 (Bernama) — Malayan Banking Bhd (Maybank) will revise upwards deposit and base lending rates, effective July 13, in line with the increase in the Overnight Policy Rate (OPR) by 25 basis points. Maybank said it would raise deposit rates by up to 25 basis [...]

Bank Islam Raises BFR To 6.3 Per Cent KUALA LUMPUR, July 9 (Bernama) — Bank Islam Malaysia Bhd will revise its Base Financing Rate to 6.3 per cent per annum, effective July 13, from 6.05 per cent, at present. Managing Director Datuk Seri Zukri Samat said in a statement Friday the revision was due to [...]

CIMB Bank And CIMB Islamic To Increase Lending And Financing Rates KUALA LUMPUR, July 9 (Bernama) — CIMB Bank and CIMB Islamic Bank announced Friday that they will increase their base lending rate (BLR) and base financing rate (BFR) by 25 basis points. The increase, from 6.05 per cent to 6.3 per cent, will take [...]

  Monetary Policy Statement At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to raise the Overnight Policy Rate (OPR) by 25 basis points to 2.75 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2.50 percent and 3.00 percent respectively. The global recovery has [...]