The impact is estimated to be a larger +5.1% on Alliance Bank, given that it has the highest proportion of variable rate loans and current account/savings account in the industry.
KUALA LUMPUR: A 25 basis-point hike in the overnight policy rate (OPR) could be announced by Bank Negara’s monetary policy committee (MPC) on Thursday, said analysts from two research firms.
Anthony Dass, head of AmInvestment Research, said there is room for BNM to raise rates by 25bps in the coming MPC meeting due to the stronger USD/MYR and the election factor.
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