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 points while the base lending rate (BLR) would be increased by 25 basis points to 6.30 per cent per annum.
The base financing rate (BFR) of Maybank Islamic Berhad will similarly be revised upwards by 25 basis points to 6.30 per cent.
Maybank last revised its BLR on May 18 to 6.05 per cent from 5.80 per cent per annum, previously.