Maybank Base Lending Rate March 2020
Malayan banking bhd maybank has announced a 25 basis points reduction in its base rate br and base lending rate blr effective march 5 following bank negara malaysia s decision to cut the overnight policy rate opr by 25 basis points to 2 5 today.
Maybank base lending rate march 2020. Base rate br is in accordance to the new reference rate framework introduced by bank negara malaysia and it replaces the base lending rate blr as the pricing for retail loans effective 2nd january 2015. All interest dividend rates quoted may change without prior notice. This page keep track on the changed and movement of base rate for each bank in malaysia since it become effective on jan 2 2015 with latest update on 15 july 2020.
Base rates blr and indicative effective lending rates of financial institutions as at 6 august 2020 release date. Srr cost imposed by bank negara malaysia as its benchmark to quote their base rate. While we makes every effort to provide accurate and complete information we strongly recommend that viewers to acquired latest base rate blr bfr information directly from its official website respectively.
3 march 2020 kuala lumpur. The historical data of maybank base rate blr bfr stated above are for reference only. The maybank base rate blr historical data stated above are for reference only.
Please contact the nearest maybank branch for the latest rates. Press release 3 march 2020 maybank to reduce base rate and blr maybank will reduce its base rate br and base lending rate blr by 25 basis points effective thursday 5 march 2020 in line with the reduction in the overnight policy rate today. Bank lending rate in malaysia decreased to 3 70 percent in july from 3 89 percent in june of 2020.
Home loan mortgage loan islamic banking. 6 15 8 may 2020 2 00 5 65. Kuala lumpur march 3 maybank will reduce its base rate br and base lending rate blr by 25 basis points bps effective march 5 2020 in line with the reduction in the overnight policy rate opr today.
Maybank s base rate br will be lowered from 2 75 p a. Base lending rates disclaimer. Bank lending rate in malaysia averaged 6 30 percent from 1996 until 2020 reaching an all time high of 13 53 percent in may of 1998 and a record low of 3 70 percent in july of 2020.
Maybank s br is computed based on its average cost of funds plus the srr cost and is applicable for both conventional loans and islamic financing. Tuesday 27 october 2020 04 27 11.