PETALING JAYA: Bank Islam Malaysia Bhd has lowered its base rate to 3.77% per annum, following the cut in the country’s benchmark overnight policy rate (OPR).
Effective today, the bank’s base rate will be reduced by 26 basis points (bps) from 4.03%, slightly higher than Bank Negara’s 25-bps cut in the OPR on April 7.
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